The bill appropriates $20,000,000 from the bond proceeds fund to the University of Minnesota for capital improvements related to the Future of Advanced Agricultural Research in Minnesota (FAARM) program in Mower County. This funding is designated for land acquisition, site preparation, predesign, design, and preconstruction activities for new educational, research, and support facilities. The appropriation is intended to cover approximately two-thirds of the initial phase of the project, with the remaining costs to be funded by university sources.

To facilitate this appropriation, the commissioner of management and budget is authorized to sell and issue state bonds up to the amount of $20,000,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The bill also specifies that it will take effect the day after final enactment.