This bill establishes a state goal for wetland restoration and protection in Minnesota, aiming to restore or permanently protect at least 1 million acres of lost or significantly degraded wetlands by the year 2050. It mandates that state agencies involved in grant programs or financial decision-making consider opportunities to contribute to this goal, with a preference for projects in counties that have lost over 50% of their prestatehood wetlands.

Additionally, the bill requires the Board of Water and Soil Resources to submit annual reports starting January 1, 2027, to the relevant legislative committees. These reports will detail the progress made towards the wetland restoration goal, including areas where wetlands have been protected or restored, potential future projects, and any challenges faced in achieving the stated objective.