The bill proposes an appropriation of $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 work, engineering, right-of-way acquisition, construction, and the development of pedestrian and bicycle facilities, among other improvements.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the same amount to finance the project, in accordance with existing Minnesota statutes and constitutional provisions. The effective date of this section is set for the day following its final enactment.