The bill appropriates $3,500,000 from the bond proceeds account in the trunk highway fund to the Minnesota Commissioner of Transportation for safety improvements on marked Trunk Highway 41 in the city of Chanhassen. The funds will be used for various activities including predesign, design, engineering, environmental analysis and mitigation, land acquisition, and construction of safety enhancements such as roundabouts. This appropriation is intended for a grant to the city of Chanhassen.

To finance this appropriation, the bill authorizes the sale and issuance of state bonds up to $3,500,000. The Commissioner of Management and Budget is tasked with selling and issuing these bonds in accordance with specified Minnesota statutes and constitutional provisions. The proceeds from the bond sale, excluding accrued interest and any premiums, will be deposited back into the bond proceeds account in the trunk highway fund. The bill will take effect the day after it is enacted.