The bill proposes new legislation in Minnesota Statutes, chapter 16B, that prohibits state agencies or nonprofit organizations from acquiring real property for flood control or water retention projects if the state already owns land within the designated project area. This measure aims to prevent redundancy in land acquisition for such projects, ensuring that state-owned lands are utilized effectively without the need for additional property purchases.

The bill defines a "flood control or water retention project" as any initiative primarily aimed at holding water on land or preventing flooding. By establishing this prohibition, the legislation seeks to streamline flood management efforts and reduce unnecessary expenditures related to land acquisition in areas where state-owned land is already available for these purposes.