Red River Basin water storage and flood mitigation infrastructure projects bond issue and appropriation

This bill appropriates $48.586 million from state bond proceeds to fund flood mitigation projects in Minnesota's Red River Basin. It directly affects local watershed districts (including Middle-Snake-Tamarac, Bois de Sioux, Roseau River, and Two Rivers) and communities like Newfolden, which will be removed from floodplains through specific projects. Key provisions include authorizing bonds for this funding, allocating specific sums for six projects (e.g., $13.7M for the Mustinka River Rehabilitation, $9M for Roseau Lake), and allowing up to 75% grant coverage for qualifying flood prevention measures. The funds cover construction, engineering, land acquisition, and design for infrastructure aimed at reducing flood damage.