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 impacted by public road projects. 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 allocates $7,500,000 for fiscal years 2026 and 2027 for further wetland restoration efforts and an additional $2,000,000 for the administration of the program, which can be repurposed for restoration if not fully utilized for administrative costs. The effective date of the bill is set for the day following its final enactment.