This legislative bill, identified as S.F. No. 961, proposes allocating $10 million from state bond proceeds to help fund the establishment of a Minnesota Latino Museum. The funding is designated for the acquisition of property, as well as the design, construction, furnishing, and equipping of the museum, which is planned to be located at 85 West Water Street on Harriet Island in St. Paul, Minnesota. Additionally, the bill authorizes the sale and issuance of state bonds to gather the necessary funding and permits the city of St. Paul to manage or lease the museum, adhering to specific state laws.