The bill proposes a capital investment initiative that allocates $4,000,000 from the bond proceeds fund to support Washington County's wood waste and diseased tree utilization program. This funding is specifically designated for land acquisition related to the program, which aims to address issues associated with wood waste and diseased trees in the county.

To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $4,000,000. The bond issuance will be conducted in accordance with existing Minnesota statutes and constitutional provisions. The effective date of this section is set for the day following its final enactment.