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HF 4068

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

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; modifying distribution of permanent school fund
payments; setting growth in permanent school fund revenue aside for school
technology purposes; amending Minnesota Statutes 2006, section 126C.21,
subdivision 1; proposing coding for new law in Minnesota Statutes, chapter
127A.

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

Section 1.

Minnesota Statutes 2006, section 126C.21, subdivision 1, is amended to read:


Subdivision 1.

Permanent school fund.

deleted text begin Thedeleted text end new text begin Annew text end amount of money new text begin equal to $36
times the district's pupils in average daily membership new text end received by a district as income
from the permanent school fund for any year must be deducted from the general education
aid earned by the district for the same year or from aid earned from other state sources.

new text begin EFFECTIVE DATE. new text end

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

Sec. 2.

new text begin [127A.331] SCHOOL ENDOWMENT FUND; USE OF REVENUE.
 new text end

new text begin A school that receives school endowment fund revenue under section 127A.33
in excess of $36 per pupil in average daily membership may use that revenue only for
the following purposes:
 new text end

new text begin (1) to purchase or lease computers and related materials, copying machines,
telecommunications equipment, and other noninstructional equipment;
 new text end

new text begin (2) to purchase or lease assistive technology or equipment for instructional programs;
 new text end

new text begin (3) to purchase new and replacement library media resources or technology;
 new text end

new text begin (4) to pay for ongoing or recurring telecommunications/Internet access costs
associated with Internet access, data lines, and video links; and
new text end

new text begin (5) to pay for service provider installation fees for installation of new
telecommunications lines or increased bandwidth.
 new text end

new text begin EFFECTIVE DATE. new text end

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