The bill appropriates a total of $21,620,000 from the bond proceeds fund to the Minnesota Historical Society for capital improvements at state historic sites and museums, as well as for grants aimed at preserving historic structures. The funding is allocated into several specific categories: $13,670,000 for capital improvements and betterments at state historic sites, $6,700,000 for enhancements to the Minnesota History Center and other properties, and $1,250,000 for grants to local jurisdictions for historic preservation projects. The Minnesota Historical Society is tasked with determining project priorities based on need.

To finance these appropriations, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $21,620,000, following the guidelines set forth in relevant Minnesota statutes and the state constitution. The effective date of this section is the day following its final enactment.