Minnesota Legislature
HF 4407
as introduced - 91st Legislature (2019 - 2020) Posted on 05/04/2020 03:18pm
KEY: stricken = removed, old language.
underscored = added, new language.
Bill Text Versions
| Engrossments | ||
|---|---|---|
| Introduction | Posted on 03/11/2020 |
Current Version - as introduced
Line numbers
1.1
1.2
1.3
1.4
1.5 1.6 1.7 1.8 1.9
1.5 1.6 1.7 1.8 1.9
A bill for an act
relating to education finance; authorizing a fund transfer for Independent School
District No. 333, Ogilvie.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. new text begin FUND TRANSFER; OGILVIE SCHOOL DISTRICT.
new text end
new text begin
Notwithstanding Minnesota Statutes, section 123B.79, 123B.80, or 475.61, subdivision
4, on June 30, 2021, Independent School District No. 333, Ogilvie, may permanently transfer
up to $800,000 from its debt redemption fund to its undesignated general fund balance
without making a levy reduction.
new text end