1.1 	A bill for an act
1.2 	relating to state government; requiring purchase of property at the county-assessed 
1.3 	value;proposing coding for new law in Minnesota Statutes, chapter 15.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. [15.0541] PURCHASE OF PROPERTY.
1.6 	A public agency, as defined in section 15.71, subdivision 3, authorized to acquire 
1.7 	real property or an interest in real property with public money, that is purchasing real 
1.8 	property, shall not pay more than the county-assessed value of the real property.