This bill modifies a prior appropriation of bond proceeds for the Forest Lake Veterans Memorial by amending the existing law to change the recipient of the grant. Specifically, it replaces the "Veterans Memorial Committee" with the "city of" as the new recipient for the grant intended for veterans of the United States armed forces at Lakeside Memorial Park.

Additionally, the bill includes a new effective date provision, stating that the changes will take effect the day following final enactment. This ensures that the modifications to the appropriation are promptly implemented once the bill is passed.