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; increasing the 1.3 equalizing factor in the debt service equalization 1.4 program for independent school district No. 2071, Lake 1.5 Crystal-Wellcome Memorial. 1.6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.7 Section 1. [EQUALIZING FACTOR.] 1.8 Notwithstanding Minnesota Statutes, section 123B.53, 1.9 subdivision 5, the first tier debt service equalizing factor for 1.10 independent school district No. 2071, Lake Crystal-Wellcome 1.11 Memorial, is $5,000. 1.12 [EFFECTIVE DATE.] This section is effective for revenue for 1.13 fiscal year 2003 and thereafter.