This bill amends the use of revenues from the St. Paul local sales tax, specifically addressing the allocation of funds for city projects. It allows the city to utilize the tax revenues to cover the costs of collecting and administering the tax, as well as to finance improvements to streets and bridges, with a specified amount of $738,000,000 plus associated bonding costs. The bill also modifies the previous legal language regarding the use of these revenues for capital improvements to St. Paul parks and recreation facilities, removing certain paragraphs from Minnesota Statutes, section 297A.99.

Additionally, the bill mandates that the city of St. Paul must adopt an amended resolution to authorize the use of tax 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 proposed tax question to voters will not include the funding for the specified street and bridge improvements. The bill includes a provision that it is effective retroactively from May 24, 2023, without requiring local approval.