The bill amends the use of revenues from the St. Paul local sales tax, specifically addressing the allocation of funds for city projects. It stipulates that the revenues must be utilized for the costs associated with collecting and administering the tax, as well as for financing improvements to streets and bridges, with a specified amount of $738,000,000 plus associated bonding costs. Additionally, it removes the previous requirement for capital improvements to St. Paul parks and recreation facilities from the list of permissible uses for the tax revenues.

Furthermore, the bill mandates that the city of St. Paul must adopt an amended resolution to authorize the use of these revenues for the specified projects and submit this resolution to the state auditor by August 31 of the year the tax is presented for voter approval. If the city fails to adopt and submit the resolution, the tax revenues cannot be used for the specified street and bridge improvements. The bill also includes a provision that makes the changes effective retroactively from May 24, 2023, without requiring local approval.