1.1 	A bill for an act
1.2 	relating to education finance; authorizing a levy for Independent School District 
1.3 	No. 480, Onamia.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. LEVY; ONAMIA.
 1.6 	For taxes payable in 2008 and later, Independent School District No. 480, Onamia, 
1.7 	may levy an amount equal to the costs of operating its community center building, or $35 
1.8 	times its adjusted marginal cost pupil units, whichever is less, to promote the colocation of 
1.9 	city and school district services. The commissioner of education may deny or revoke this 
1.10 	levy authorization if the district and the city of Onamia are not colocating government 
1.11 	services.

1.12 	EFFECTIVE DATE. This section is effective for revenue for fiscal year 2009.

1.13 	Sec. 2. LEVY RECOGNITION.
 1.14 	For taxes payable in 2008 only, Independent School District No. 480, Onamia, may 
1.15 	also levy an amount equal to the revenue that would have been generated by section 1 for 
1.16 	fiscal year 2008 and may recognize that revenue for fiscal year 2008.

1.17 	EFFECTIVE DATE. This section is effective the day following final enactment.