This proposed legislation, SF No 562, is focused on arranging the sale or lease of boathouse sites at Soudan Underground Mine State Park in Minnesota. The bill amends previous laws to allow the state's Commissioner of Natural Resources to offer new leases to current leaseholders once their original leases expire, under specific terms:

1. Lifetime Terms: The new lease can last for the lifetime of the person holding the lease, and can be transferred just once to a relative within the third degree of kinship or a first cousin.

2. Lease Cost: The price of the lease cannot be more than 50% of the average market rate, and this rate must be reassessed every five years.

3. Lease Transfer and Limitations: The lease can only be transferred once, and no more than two legally adult persons can be lessees under one lease at a time.

4. Boathouse Lease Non-Cancellation: The Commissioner cannot cancel a lease unless the leaseholder fails to comply with the lease terms.

The bill also outlines the authority of the Commissioner to potentially sell these properties or provide alternative leasing sites under agreement with the existing leaseholder. This legislation looks to manage the use and conservation of state park lands while providing opportunities for individuals to lease these properties under regulated conditions.