State and municipalities prohibited from entering into nondisclosure agreements.

This bill prohibits the state of Minnesota and its municipalities from entering into nondisclosure agreements with private individuals that would prevent the public from learning about land development projects, economic initiatives, or programs funded by tax revenues. The law applies to state agencies, local governments, and political subdivisions like counties and school districts, covering projects involving tax increment financing, economic development abatements, and municipal bonds. Any contract containing such prohibited confidentiality clauses would be automatically invalid and unenforceable, though the rest of the agreement would remain in effect. The bill also requires public disclosure of any contracts that violate these restrictions, ensuring transparency in government dealings with private parties.