1.1                          A bill for an act 
  1.2             relating to education; requiring school districts to 
  1.3             submit timely information about teacher contract 
  1.4             settlements; proposing coding for new law in Minnesota 
  1.5             Statutes, chapter 123B. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  [123B.7492] [DISTRICT INFORMATION ON TEACHER 
  1.8   CONTRACT SETTLEMENTS.] 
  1.9      For each employment contract between a school board and the 
  1.10  exclusive representative of the teachers, a school district must 
  1.11  complete and submit to the Minnesota school boards association 
  1.12  the standardized Minnesota school boards association teacher 
  1.13  settlement summarization sheet within 30 days of the date of 
  1.14  settling and signing the master agreement. 
  1.15     <b>[EFFECTIVE DATE.]</b> This section is effective the day 
  1.16  following final enactment and applies to contracts between a 
  1.17  school board and the exclusive representative of the teachers 
  1.18  for the time period July 1, 2001, to June 30, 2003, and 
  1.19  thereafter.