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 regarding grants.

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 the day following its final enactment.