1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for the V3 Center in the North 
1.3 	Minneapolis neighborhood.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. APPROPRIATION; V3 CENTER.
 1.6 	$15,000,000 in fiscal year 2024 is appropriated from the general fund to the commissioner 
1.7 	of employment and economic development to V3 Sports, Inc., a 501(c)(3) nonprofit 
1.8 	organization, to predesign, design, construct, furnish, and equip a community, aquatic, 
1.9 	sports, and event center with a 50-meter competition swimming pool in the North 
1.10 	Minneapolis neighborhood. This appropriation is available until the project is completed 
1.11 	or abandoned, subject to Minnesota Statutes, section 16A.642. This is a onetime 
1.12 	appropriation.

1.13 	EFFECTIVE DATE. This section is effective the day following final enactment.