The bill proposes an appropriation of $4,000,000 from the bond proceeds fund to the commissioner of employment and economic development for a grant to Olmsted County. This funding is designated for the design, construction, furnishing, and equipping of the expansion and renovation of the History Center of Olmsted County Museum facility. The appropriation is subject to the provisions outlined in Minnesota Statutes, section 16A.695.

To facilitate this funding, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $4,000,000. The sale and issuance of these bonds will be conducted in accordance with Minnesota Statutes, sections 16A.631 to 16A.675, and the relevant sections of the Minnesota Constitution. The bill will take effect the day following its final enactment.