The bill proposes a capital investment initiative focused on forests and forestry capital projects in Minnesota. It appropriates $18,000,000 from the bond proceeds fund to the commissioner of natural resources specifically for reforestation efforts on state forest lands. This funding will also allow for forest stand improvement and management, including treatments for issues such as the emerald ash borer and spruce budworm. The bill defines key terms related to reforestation and outlines the specific state forest lands that will be impacted by these initiatives.

To finance the appropriated funds, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $18,000,000. The process for this bond sale will adhere to the guidelines set forth in Minnesota Statutes and the state constitution. The provisions of this bill will take effect the day after it is enacted, ensuring prompt action on the reforestation and forestry management efforts outlined.