The bill establishes the Minnesota Advisory Council on Infrastructure, which will serve as the governing body of an independent state agency focused on the management, coordination, and investment in Minnesota's infrastructure. The council is tasked with defining a vision for the state's infrastructure and will consist of both voting and nonvoting members, including appointees from various governmental leaders and agencies. The council is required to appoint an executive director by May 1, 2025, and will engage in community outreach to gather input on infrastructure needs. The bill also outlines the council's responsibilities, including identifying best practices for infrastructure management and developing a statewide asset managers program.

To support the council's establishment and operations, the bill includes appropriations from the general fund for fiscal year 2025, aimed at covering implementation costs and ongoing activities. The council will be required to submit annual reports detailing its activities, challenges, and recommendations to the governor and relevant legislative committees. The bill emphasizes the council's nonregulatory role and its authority to enter into agreements for necessary services, ensuring it has the resources to effectively fulfill its mission.