The bill, identified as SF No 547, proposes to allocate $8,000,000 in fiscal year 2026 from Minnesota's general fund to finance renovations at the American Swedish Institute. This includes restoration and preservation work on the Turnblad Mansion, a historic property listed on the National Register of Historic Places dating back to 1908, as well as improvements to the Nelson Cultural Center. The goal is to enhance the experience for visitors at the institute's campus. The funding is designated as a one-time expense and will remain available until the completion or discontinuation of the project, as outlined by the relevant Minnesota statutes.