The bill proposes a new law under Minnesota Statutes, chapter 94, specifically designated as section [94.56] PROHIBITION ON ACQUIRING LAND AT AUCTION. This section establishes a prohibition against the commissioner of natural resources acquiring real property at auction. Additionally, it prevents the commissioner from accepting real property that has been acquired by a third party through auction.
This legislative change aims to ensure that state land acquisitions are conducted through means other than auctions, thereby potentially promoting more controlled and transparent processes for acquiring natural resources. The bill reflects a shift in policy regarding how the state engages in land transactions, emphasizing a preference for methods outside of the auction framework.