This bill appropriates funds for the Local Road Wetland Replacement Program in Minnesota, allocating a total of $15,000,000 from the bond proceeds fund and $11,500,000 from the general fund for fiscal year 2026. These funds are designated for the Board of Water and Soil Resources to acquire land or permanent easements and to restore, create, enhance, and preserve wetlands that have been drained or filled due to public road maintenance activities. The bill allows the board to adjust the priority order for wetland replacement as necessary and mandates that the purchase price for land or easements be determined at fair market value. Additionally, the board is authorized to enter into agreements with various entities to acquire wetland replacement credits.

Furthermore, the bill includes provisions for the sale and issuance of state bonds to fund the appropriations, with the commissioner of management and budget responsible for this process. It also specifies base appropriations of $7,500,000 for fiscal years 2026 and 2027 for wetland restoration efforts, along with an additional $2,000,000 in each of those years for program administration. Any unspent funds from the administration budget can be redirected to support the wetland restoration activities. The bill is set to take effect the day after its final enactment.