This bill appropriates $10,000,000 from the bond proceeds fund to the commissioner of transportation specifically for the Safe Routes to School grant program, as outlined in Minnesota Statutes, section 174.40. The funding aims to enhance safety for students traveling to school. To facilitate this appropriation, the commissioner of management and budget is authorized to sell and issue state bonds up to the same amount, following the procedures established in Minnesota Statutes, sections 16A.631 to 16A.675, and in accordance with the Minnesota Constitution.

Additionally, the bill includes a provision stating that it will take effect the day after it is enacted. This legislative action underscores the state's commitment to improving infrastructure and safety for schoolchildren through dedicated funding and bond issuance.