The bill aims to limit the powers of municipalities in Minnesota regarding the requirement of planned unit development (PUD) agreements for residential developments. Specifically, it stipulates that municipalities cannot mandate a PUD agreement if the proposed residential development adheres to existing city zoning ordinances or subdivision regulations, or qualifies as a conditional use. This change is intended to streamline the development process and reduce unnecessary regulatory burdens on residential projects.

Additionally, the bill introduces new requirements for transparency and public access to planned unit development agreements. It mandates that such agreements be posted on the municipality's website at least seven days before the governing body reviews them. In cases where a municipality lacks a website, the agreement must be available for public review at the city hall. Furthermore, once a PUD agreement is approved, it cannot be modified without the consent of all parties involved. These provisions aim to enhance public awareness and participation in the development process.