The bill discussed allows cities in Minnesota to establish areas called "land-value taxation districts" where only the value of the land (not the buildings or other improvements on it) is taxed. This bill would be added as a new section in the Minnesota Statutes under chapter 428A. The definitions section of the bill clarifies terms like "city" and "district," specifically explaining that a city can be any city recognized by law in Minnesota and a district refers to these new taxation areas being proposed. An "ordinance" refers to the laws local governments would enact to create these taxation districts.