This bill proposes to allocate funds for the preliminary and final design, engineering, construction, and reconstruction of Trunk Highway 75 that stretches from the city of Luverne to the city of Pipestone in Minnesota. To fund these activities, the bill authorizes the sale and issuance of state bonds. The proceeds from these bonds, after excluding any accrued interest and premiums from the bond sales, will be deposited into the trunk highway fund specifically for this project.