This bill authorizes the Board of Regents to contract for the design and construction of an indoor athletics facility at Dakota State University, specifically at the Beacom PREMIER Complex in Madison. The estimated cost for this project is $13,330,000, which includes necessary furnishings, equipment, and infrastructure improvements. The bill also allows for adjustments to the cost estimate to account for inflation and additional regulatory compliance, with a cap on adjustments not exceeding 125% of the original estimated cost.

Additionally, the bill appropriates $13,330,000 in other fund expenditure authority for the project, which can include funds from federal sources, donations, or other external sources. It stipulates that no debt incurred under this Act will become a liability against the state, and the Bureau of Human Resources and Administration will oversee the project's administration. The bill declares an emergency, allowing it to take effect immediately upon passage and approval.