The bill appropriates $18,000,000 from the bond proceeds fund to the commissioner of employment and economic development for a grant to the city of St. Paul. This funding is designated for the predesign, design, construction, and equipping of improvements to streets and public infrastructure aimed at supporting the redevelopment of blighted property in the Midway area of St. Paul. The bill specifies that the appropriation will cover various improvements, including transit facilities, sidewalks, utilities, and landscaping, and mandates that the city enter into a lease or management agreement for any parking facilities developed.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $18,000,000 to fund the appropriation. The definition of "blighted property in the Midway area" is provided, identifying properties affected by civil unrest during the peacetime emergency declared in May 2020. The effective date of the bill is set for the day following its final enactment.