This bill amends the existing law regarding the St. Anthony Falls study by extending the due date for the completion of the study and the availability of the appropriated funds. Specifically, it changes the deadline for the study's completion from July 1, 2025, to July 1, 2026, and extends the availability of the $1,000,000 appropriation from the general fund until June 30, 2026. The funds are designated for a geophysical study and hazard assessment of the St. Anthony Falls area, which includes a field investigation of the cutoff wall, modeling of the surrounding area, and an examination of public safety risks.

Additionally, the bill clarifies that the Board of Regents of the University of Minnesota, while conducting this study, does not accept liability for the current condition or risks associated with the cutoff wall. The bill also includes a provision stating that the new amendments will take effect the day following final enactment.