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HF 3581

as introduced - 86th Legislature (2009 - 2010) Posted on 03/09/2010 10:53am

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
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Current Version - as introduced

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A bill for an act
 relating to education finance; transferring funding from the alternative teacher
compensation program to the general education revenue basic formula allowance;
amending Minnesota Statutes 2008, section 126C.10, subdivisions 1, 2; repealing
Minnesota Statutes 2008, sections 122A.414, subdivisions 1, 1a, 2, 2a, 3, 4;
122A.4144; 122A.415, subdivisions 1, 3; 122A.416; 126C.10, subdivisions
35, 36; Minnesota Statutes 2009 Supplement, sections 122A.414, subdivision
2b; 126C.10, subdivision 34.

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

Section 1.

Minnesota Statutes 2008, section 126C.10, subdivision 1, is amended to read:


Subdivision 1.

General education revenue.

For fiscal year deleted text begin 2006deleted text end new text begin 2012new text end and later,
the general education revenue for each district equals the sum of the district's basic
revenue, extended time revenue, gifted and talented revenue, basic skills revenue, training
and experience revenue, secondary sparsity revenue, elementary sparsity revenue,
transportation sparsity revenue, total operating capital revenue, equity revenue, deleted text begin alternative
teacher compensation revenue,deleted text end and transition revenue.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue for fiscal years 2012
and later.
 new text end

Sec. 2.

Minnesota Statutes 2008, section 126C.10, subdivision 2, is amended to read:


Subd. 2.

Basic revenue.

The basic revenue for each district equals the formula
allowance times the adjusted marginal cost pupil units for the school year. deleted text begin The formula
allowance for fiscal year 2007 is $4,974.deleted text end The formula allowance for fiscal deleted text begin year 2008deleted text end new text begin years
2009 through 2011new text end is deleted text begin $5,074deleted text end new text begin $5,124new text end and the formula allowance for fiscal year deleted text begin 2009deleted text end new text begin 2012new text end
and subsequent years is deleted text begin $5,124deleted text end new text begin $5,224new text end .

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue for fiscal years 2012
and later.
 new text end

Sec. 3. new text begin REPEALER.
new text end

new text begin (a) new text end new text begin Minnesota Statutes 2008, sections 122A.414, subdivisions 1, 1a, 2, 2a, 3, and
4; 122A.4144; 122A.415, subdivisions 1 and 3; 122A.416; and 126C.10, subdivisions
35 and 36, new text end new text begin are repealed.
 new text end

new text begin (b) new text end new text begin Minnesota Statutes 2009 Supplement, sections 122A.414, subdivision 2b; and
126C.10, subdivision 34, new text end new text begin are repealed.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue for fiscal year 2012
and later.
 new text end