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Capital IconMinnesota Legislature

Legislative Session number- 85

Bill Name: SF2409

Relating to education finance; authorizing intermediate school district boards
to borrow money in anticipation of the receipt of federal and state aids and
membership fees and tuition payments from member school districts, specifying
borrowing limitations; requiring enabling resolutions and certain notification
requirements; specifying certain aid reduction for repayment limitations and
certain repayment conditions for school districts and intermediate school
districts
(je)