The bill mandates the preparation of a report on agricultural land trends in Minnesota, with a specific appropriation of funds from the general fund to the commissioner of agriculture for fiscal year 2026. The report will focus on various aspects of agricultural land, defined as class 2a agricultural land or class 2b rural vacant land, and will include detailed information on land sales, usage patterns across different regions, and legislative recommendations aimed at ensuring the availability of agricultural land for farmers.

Additionally, the bill stipulates that the report must not disclose any personally identifiable information and allows the commissioner to collaborate with external experts and relevant state departments for its development. The report is required to be submitted by January 1, 2027, to the appropriate legislative committees, and any unspent funds from the appropriation will carry over into fiscal year 2027, as this is designated as a one-time appropriation.