This bill authorizes local governmental units in Minnesota to opt out of the regulatory jurisdiction of the Metropolitan Council. A local governmental unit can do this by filing a resolution with the Metropolitan Council, which allows them to independently manage development and public infrastructure within their boundaries. Once the resolution is filed, the Metropolitan Council's regulatory authority will cease on January 1 of the following year, and the local unit will be exempt from the council's metropolitan system plans and requirements. Additionally, the bill prohibits the Metropolitan Council from levying taxes on properties within the opting-out local governmental units, except for properties within designated metropolitan transit taxing districts if transit services are still provided.

The bill also includes provisions for local governmental units that have opted out to apply for eligible grant programs administered by the Metropolitan Council and to enter into joint powers agreements. Furthermore, it allows these units to opt back into the council's regulatory jurisdiction after a minimum of four years, provided they file a new resolution stating that such a decision is in their best interest. The bill is effective the day after final enactment and applies specifically to the counties of Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington.