The bill appropriates $3,000,000 from the bond proceeds fund to the commissioner of employment and economic development for a grant to the city of Slayton. This funding is designated for the design, construction, furnishing, and equipping of a child care facility. The city is permitted to enter into a lease or management agreement for the operation of the facility, and the grant is exempt from certain provisions of Minnesota Statutes, specifically sections 116J.417, subdivisions 6 and 8.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $3,000,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The effective date of this section is set for the day following its final enactment.