The bill mandates the conveyance of specific state-owned lands to the Red Lake Band of Chippewa Indians, specifically targeting areas within one mile of the lakeshore of Upper Red Lake and all lands within the Red Lake State Forest. The commissioner of natural resources is tasked with transferring these properties at no cost. Additionally, the commissioner must identify any funding restrictions or legal barriers that may impede this conveyance and is required to submit a report by January 15, 2026, detailing these barriers and providing recommendations for addressing them, including potential legislative solutions.

Furthermore, the bill includes an appropriation of $20,000,000 for the fiscal year 2026 to support the land conveyance process. This funding can also be utilized to acquire any necessary land to facilitate the transfer. The appropriation is designated as a one-time allocation and will remain available until June 30, 2035. The provisions of this bill will take effect the day after its final enactment.