The bill proposes that the state of Minnesota allocates $400,000 from its general fund for the fiscal year 2026. This money will be given as a grant to the Dayton Economic Development Authority. The purpose of the grant is to enable the purchase of real estate in Dayton's Historic Village area, aiming to redevelop these properties for uses that bring economic benefits and serve the public. The availability of the funds is tied to the project either being completed or abandoned, as guided by specific state statutes.