This bill appropriates $100,000,000 from the bond proceeds fund to the Board of Regents of the University of Minnesota for capital improvements to the School of Dentistry located on the Twin Cities campus. The funds will be used for predesign, design, renovation, construction, furnishing, and equipping clinical, teaching, research, and administrative spaces, as well as for site preparation, hazardous materials abatement, and the relocation or expansion of related utility infrastructure. The bill specifies that this appropriation is intended to cover approximately two-thirds of the total project costs, with the remaining costs to be funded by university sources.

To finance the appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $100,000,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The effective date of this section is the day following its final enactment.