Senate File No. 223 is a legislative bill concerning local government regulations on land dedication during property development. It proposes amendments to existing Minnesota laws to adjust the requirements and conditions under which municipalities can require developers to dedicate parts of their land for public use, or instead pay cash fees. These public uses include infrastructure like roads and utilities, as well as parks and recreational facilities.

Key points in the proposed amendments include:

1. Developers may be required to reserve a portion of land for public use or pay fees, with specifics determined by municipal ordinances.
2. Municipalities must have relevant plans and budgets in place, such as a capital improvement budget and a parks and open space plan.
3. The fees should be based on the fair market value of the land, with disputes over valuation subject to negotiation or independent appraisal.
4. Collected fees are to be used specifically for acquiring and developing public spaces and cannot be used for their ongoing maintenance.
5. There are special conditions and exemptions for developing previously subdivided properties.
6. The total value of land or fees dedicated by developers for public use must not exceed ten percent of the property's market value.
7. Municipalities cannot require land dedication for infrastructure beyond minimum engineering standards.

The bill aims to clarify and standardize how municipalities interact with developers in terms of land dedication for public use or monetary contributions, ensuring transparency and fairness in how these contributions are calculated and used.