The bill proposes an appropriation of $4,500,000 from the bond proceeds account in the trunk highway fund to the Minnesota Department of Transportation. This funding is designated for the planning, design, environmental review, engineering, and right-of-way acquisition necessary for the reconstruction of the interchange at Interstate Highway 35 and Scott County State-Aid Highway 2.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the same amount of $4,500,000 to finance this appropriation. The bonds will be sold in accordance with Minnesota Statutes and the Minnesota Constitution, with the proceeds being deposited into the bond proceeds account in the trunk highway fund. The effective date of this section is set for the day following its final enactment.