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HF 3430

as introduced - 86th Legislature (2009 - 2010) Posted on 03/08/2010 09:09am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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A bill for an act
relating to education; reducing mandates; allowing temporary mandate
suspensions; amending Laws 2008, chapter 363, article 2, section 46, subdivision
1, as amended; repealing Minnesota Statutes 2008, section 123B.05; Minnesota
Statutes 2009 Supplement, section 120A.40.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Laws 2008, chapter 363, article 2, section 46, subdivision 1, as amended by
Laws 2009, chapter 96, article 5, section 11, is amended to read:


Subdivision 1.

Capital account transfers.

Notwithstanding any law to the contrary,
on June 30 of 2008, 2009, deleted text begin anddeleted text end 2010, new text begin and 2011 new text end a school district may transfer money from its
reserved for operating capital account to its undesignated balance in the general fund. The
amount transferred by any school district must not exceed $51 times the district's adjusted
marginal cost pupil units for the second preceding fiscal year. This transfer annually may
occur only after the school board has adopted a written resolution stating the amount of
the transfer and declaring that the school district's operating capital needs are being met.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end

Sec. 2. new text begin LEARNING AND DEVELOPMENT REVENUE; TEMPORARY
SUSPENSION.
new text end

new text begin Notwithstanding Minnesota Statutes, section 126C.12, subdivisions 4 and 5, for
fiscal year 2011 only, a school district or charter school may use the learning and
development revenue reserve under Minnesota Statutes, section 126C.12, subdivision 1,
according to the requirements of general education revenue under Minnesota Statutes,
section 126C.13, subdivision 5.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective July 1, 2010.
new text end

Sec. 3. new text begin COMPENSATORY EDUCATION REVENUE; TEMPORARY
SUSPENSION.
new text end

new text begin Notwithstanding Minnesota Statutes, sections 126C.10, subdivision 3, and 126C.15,
subdivision 2, for fiscal year 2011 only, a school district or charter school may use
compensatory education revenue under Minnesota Statutes, section 126C.10, subdivision
3, according to the requirements of general education revenue under Minnesota Statutes,
section 126C.13, subdivision 5.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective July 1, 2010.
new text end

Sec. 4. new text begin REPEALER.
new text end

new text begin Minnesota Statutes 2008, section 123B.05, new text end new text begin is repealed.
new text end

new text begin Minnesota Statutes 2009 Supplement, section 120A.40, new text end new text begin is repealed.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective July 1, 2010.
new text end