This bill appropriates $1,500,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Taylors Falls. The funds are designated for the design, construction, and equipping of improvements to the city's sanitary sewer system. Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the same amount to provide the necessary funding.

The new legal language includes provisions for the appropriation and bond sale, ensuring that the funds will be available for the specified sewer improvements. The bill also states that it will take effect the day following its final enactment.