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HF 1222

as introduced - 89th Legislature (2015 - 2016) Posted on 03/04/2015 01:42pm

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

Engrossments
Introduction Posted on 02/25/2015

Current Version - as introduced

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A bill for an act
 relating to education finance; authorizing school boards to reallocate
compensatory revenue; amending Minnesota Statutes 2014, section 126C.15,
subdivision 2.

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

Section 1.

Minnesota Statutes 2014, section 126C.15, subdivision 2, is amended to read:


Subd. 2.

Building allocation.

(a) new text begin Unless a plan has been adopted according to
paragraph (b), new text end a district or cooperative must allocate its compensatory revenue to each
school building in the district or cooperative where the children who have generated the
revenue are served deleted text begin unless the school district or cooperative has received permission under
Laws 2005, First Special Session chapter 5, article 1, section 50, to allocate compensatory
revenue according to student performance measures developed by the school boarddeleted text end .

(b) Notwithstanding paragraph (a),new text begin the board ofnew text end a district or cooperative may deleted text begin allocate
up to five percent of the amount ofdeleted text end new text begin reallocate any or all of its new text end compensatory revenue deleted text begin that
the district receives to school sitesdeleted text end according to a plan adopted by the school boarddeleted text begin , and a
district or cooperative may allocate up to an additional five percent of its compensatory
revenue for activities under subdivision 1, clause (10), according to a plan adopted by the
school boarddeleted text end . The money reallocated under this paragraph must be spent for the purposes
listed in subdivision 1, but may be spent on students in any grade, including students
attending school readiness or other prekindergarten programs.

(c) For the purposes of this section and section 126C.05, subdivision 3, "building"
means education site as defined in section 123B.04, subdivision 1.

(d) Notwithstanding section 123A.26, subdivision 1, compensatory revenue
generated by students served at a cooperative unit shall be paid to the cooperative unit.

(e) A district or cooperative with school building openings, school building
closings, changes in attendance area boundaries, or other changes in programs or student
demographics between the prior year and the current year may reallocate compensatory
revenue among sites to reflect these changes. A district or cooperative must report to the
department any adjustments it makes according to this paragraph and the department must
use the adjusted compensatory revenue allocations in preparing the report required under
section 123B.76, subdivision 3, paragraph (c).

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective July 1, 2015.
 new text end