Senate Bill SF No. 650 aims to change how local governments in Minnesota handle the process of annexation, where one municipality absorbs land from another, usually unincorporated, area. The bill:

1. Updates Rules for Annexation Votes: Establishes that if an annexation attempt is voted down, no new annexation attempts can be made on the same area for two years unless a majority of property owners in the area initiate it, and it is backed by neighboring towns and municipalities.

2. Specifies Election Procedures for Annexation: Sets out clear guidelines on how and when these elections should take place, including timing, posting notices, deciding polling places, and the involvement of election judges.

3. Details on Designating Areas for Orderly Annexation: Allows townships and municipalities to identify and agree upon areas that could be designated for future annexation. Furthermore, it outlines what actions the chief administrative law judge can take once an area is designated for orderly annexation.

4. Regulations for Detachment: Provides procedures for a piece of a municipality to detach and return to being unincorporated or join another municipality, including what happens if the area is rural and hasn't developed urban characteristics after annexation.

5. Financial Considerations: Discusses financial adjustments that need to be made when an area is annexed or detached, focusing on compensations related to tax obligations and the sharing of debts.

6. Amends Existing Statutes: Modifies several existing sections of the Minnesota Statutes to streamline processes and update how annexations are initiated, conducted, and processed legally.

7. Repeals Outdated Provisions: Eliminates outdated or redundant legal statutes that conflict with new proposed regulations.

In essence, this bill aims to make annexation processes more transparent, equitable, and systematic, ensuring that all parties involved have a clear understanding of their rights and obligations.