The bill proposes an appropriation of $23,740,000 from the bond proceeds fund to the Minnesota Amateur Sports Commission for asset preservation at the National Sports Center located in Blaine. This funding is intended to support necessary improvements and maintenance of the facility, ensuring its continued operation and service to the community.

To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the same amount of $23,740,000. The bond issuance will be conducted in accordance with existing Minnesota statutes and constitutional provisions. The bill also specifies that it will take effect the day after it is enacted.