The bill proposes improvements to the intersection of marked U.S. Highway 61 and Washington County State-Aid Highway 32 in Forest Lake, Minnesota. It appropriates $5,500,000 from the bond proceeds account in the trunk highway fund to the commissioner of transportation for various activities including preliminary design, final design, engineering, right-of-way acquisition, and construction. The improvements aim to enhance safety, accessibility, and traffic operations at the intersection, which will include the installation of a roundabout.

To fund these improvements, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $5,500,000. The proceeds from the bond sale, excluding accrued interest and any premiums, will be deposited into the bond proceeds account in the trunk highway fund. The bill also states that it will take effect the day following its final enactment.