The bill appropriates $10,800,000 from the bond proceeds fund to the commissioner of transportation for the reconstruction of County State-Aid Highway 50 as part of the Interstate 35 interchange project in Dakota County. This funding is intended to enhance corridor mobility and safety, allowing for preliminary and final design, engineering, right-of-way acquisition, construction, and the development of pedestrian and bicycle facilities, among other improvements. The appropriation specifically targets the segment of the project eligible for general obligation bond proceeds.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $10,800,000, following the guidelines set forth in Minnesota Statutes and the Minnesota Constitution. The effective date of this section is the day following its final enactment.