The legislative bill discussed mainly focuses on allowing towns in Minnesota to adopt home rule charters, which means that towns, like cities, can create and operate under their own governing documents tailored to their specific needs rather than solely under state law. This bill amends existing statutes to clarify definitions and regulations regarding both cities and towns, particularly in transforming from statutory entities to home rule charter entities.

Key features of the bill include:

1. Definitions of terms like "statutory city" and "home rule charter city/town" to differentiate between cities and towns that operate under state laws and those governed by their own charters.

2. Provisions for the creation and operation of charter commissions, which are bodies appointed to draft the home rule charters. These commissions are either appointed by the chief judge of the district court or initiated through petitions from town residents or resolutions from town boards.

3. Guidelines for the functioning of charter commissions, including membership rules, term lengths, meeting requirements, and the process for handling vacancies and removals.

4. Financial regulations related to the activities of charter commissions, detailing how expenses for drafting and promoting charters should be handled and funded.

5. A process for towns to conduct elections on whether to adopt proposed charters. This includes drafting the charter, delivering reports about the necessity and desirability of charters, setting up elections for charter adoption, and handling rejections and subsequent proposals.

Overall, the bill aims to give towns more autonomy in managing their governance through the adoption of home rule charters, enhancing local control and customization of government operations suited to local needs.