The bill appropriates $300,000,000 from the bond proceeds account in the trunk highway fund to the commissioner of transportation for the corridors of commerce program, as outlined in Minnesota Statutes, section 161.088. It allows the commissioner to allocate up to 17 percent of the funds for program delivery. This funding aims to enhance transportation infrastructure and improve commerce corridors within the state.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the same amount of $300,000,000 to finance the appropriated funds. The bonds will be sold in accordance with Minnesota Statutes, sections 167.50 to 167.52, and the Minnesota Constitution, article XIV, section 11. The proceeds from the bond sales, excluding accrued interest and any premiums, will be deposited back into the bond proceeds account in the trunk highway fund.