Modifies the Mary C. Murphy Library Construction Grants Program, authorizes bond issuance, and appropriates funds.

The bill amends the Mary C. Murphy Library Construction Grants Program by increasing the maximum grant amount from $1,000,000 to $2,000,000 or 50 percent of approved costs, whichever is less. It authorizes the commissioner of management and budget to sell and issue up to $10,000,000 in state bonds to fund the program. The bill also appropriates $10,000,000 from the bond proceeds fund to the commissioner of education for the grants program. The changes are effective for grants awarded after June 30, 2026.

Modifies the Mary C. Murphy Library Construction Grants Program, authorizes bond issuance, and appropriates funds.

The bill amends the Mary C. Murphy Library Construction Grants Program by increasing the maximum grant amount from $1,000,000 to $2,000,000 or 50 percent of approved costs, whichever is less. It authorizes the commissioner of management and budget to sell and issue up to $10,000,000 in state bonds to fund the program. The bill also appropriates $10,000,000 from the bond proceeds fund to the commissioner of education for the grants program. The changes are effective for grants awarded after June 30, 2026.