Senate File No. 500 is a legislative bill proposing that $5,000,000 be allocated in fiscal year 2026 from Minnesota's general fund. This money is granted to Operation Prairie Venture, a 501(c)(3) nonprofit organization. The funds are intended for the initial planning, design, construction, furnishing, and equipping of a new assisted living and memory care facility in the city of Slayton, Minnesota. The bill specifies that this financial allocation will be a one-time occurrence and must be used by the completion or abandonment of the project, in accordance with relevant Minnesota state laws.