An act relating to the Minnesota State College Board; appropriating money and authorizing loans to the board for the acquisition and betterment of public lands, buildings, and improvements of a capital nature needed to provide facilities and services at the state colleges; creating a state college bond account in the Minnesota state bond fund; authorizing the issuance and sale of bonds under the provisions of Article IX, Section 6 of the Constitution to provide money for such loans, and appropriating money in connection with such bonds.