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HF 3832

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

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

Bill Text Versions

Engrossments
Introduction Posted on 03/21/2006

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
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A bill for an act
relating to education finance; authorizing the school district to recognize its
operating levy early.

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

Section 1. new text begin EARLY LEVY RECOGNITION; WILLOW RIVER.
new text end

new text begin Notwithstanding Minnesota Statutes, sections 123B.75, and 127A.441, if
Independent School District No. 577, Willow River, successfully approves an operating
referendum in September 2006, the district may recognize up to 50 percent of the
operating referendum levy approved at that election as revenue for the fiscal year in which
it is certified. This early recognition applies only to referendum authority approved
in September 2006.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue for fiscal year 2007
and later.
new text end