The bill proposes an appropriation of $5,500,000 from the bond proceeds account in the trunk highway fund to the Minnesota Commissioner of Transportation for the purpose of improving the intersection of marked U.S. Highway 61 and Washington County State-Aid Highway 32 (11th Avenue) in Forest Lake. The funds will be used for preliminary design, final design, engineering, right-of-way acquisition, and construction of improvements, which will include the installation of a roundabout and enhancements aimed at improving safety, accessibility, and traffic operations at the intersection.

Additionally, the bill authorizes the Commissioner of Management and Budget to sell and issue state bonds up to the amount of $5,500,000 to finance the appropriated funds. 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 specifies that it will take effect the day following its final enactment.