The bill establishes new requirements for the acquisition of real property in fee using state funds in Minnesota. It mandates that no person, agency, political subdivision, or entity can acquire such property unless the acquisition is approved by both the legislature during a regular session and the board of commissioners of the county where the property is located. If the property spans multiple counties, approval from the boards of commissioners of all affected counties is necessary.

Additionally, the bill allows county boards to present the acquisition decision to the public through a ballot question, rather than simply approving or declining the acquisition. This new legal framework is proposed to be codified in Minnesota Statutes, chapter 16B, under the new section designated as [16B.2971].