as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to education; authorizing additional 1.3 compensatory revenue for a school district with a 1.4 substantial enrollment of students eligible for free 1.5 or reduced price meals; amending Minnesota Statutes 1.6 1998, section 126C.10, subdivision 3. 1.7 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.8 Section 1. Minnesota Statutes 1998, section 126C.10, 1.9 subdivision 3, is amended to read: 1.10 Subd. 3. [COMPENSATORY EDUCATION REVENUE.] The 1.11 compensatory education revenue for each building in the district 1.12 equals the greater of: (1) the formula allowance times the 1.13 compensation revenue pupil units computed according to section 1.14 126C.05, subdivision 3; or (2) for a building located in a 1.15 school district with an adjusted net tax capacity per pupil unit 1.16 of $4,000 or less and at least 600 students eligible for free or 1.17 reduced price meals, the product of $225 times the enrollment at 1.18 that building. Revenue shall be paid to the district and must 1.19 be allocated according to section 126C.15, subdivision 2. 1.20 Sec. 2. [EFFECTIVE DATE.] 1.21 Section 1 is effective for revenue for fiscal year 2000 and 1.22 later.