as introduced - 82nd Legislature (2001 - 2002) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to education finance; authorizing a fund 1.3 transfer for independent school district No. 173, 1.4 Mountain Lake. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. [FUND TRANSFER; MOUNTAIN LAKE.] 1.7 Notwithstanding Minnesota Statutes, section 123B.79 or 1.8 123B.80, on June 30, 2001, independent school district No. 173, 1.9 Mountain Lake, may permanently transfer up to $300,000 from its 1.10 reserved capital accounts in its general fund to the 1.11 undesignated fund balance. 1.12 [EFFECTIVE DATE.] This section is effective the day 1.13 following final enactment.