This bill appropriates $15,000,000 from the bond proceeds fund to the Board of Regents of the University of Minnesota for the predesign, design, and preconstruction services of a new Academic Health Center facility. This facility will serve the Duluth College of Pharmacy and Medical School and will be located in the emerging Medical District in downtown Duluth.

To fund this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $15,000,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The provisions of this bill will take effect the day after it is enacted.