1.1 	A bill for an act
1.2 	relating to education; modifying general education aid;amending Minnesota 
1.3 	Statutes 2006, section 126C.13, subdivision 4.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. Minnesota Statutes 2006, section 126C.13, subdivision 4, is amended to read:
1.6 		Subd. 4.General education aid. ~~(a) For fiscal year 2006, a district's general~~ 
1.7 	~~education aid is the sum of the following amounts:~~
1.8 	~~(1) general education revenue, excluding equity revenue, total operating capital, and~~ 
1.9 	~~transition revenue;~~
1.10 	~~(2) operating capital aid according to section 126C.10, subdivision 13b;~~
1.11 	~~(3) equity aid according to section 126C.10, subdivision 30;~~
1.12 	~~(4) transition aid according to section 126C.10, subdivision 33;~~
1.13 	~~(5) shared time aid according to section 126C.01, subdivision 7;~~
1.14 	~~(6) referendum aid according to section 126C.17; and~~
1.15 	~~(7) online learning aid according to section 124D.096.~~
1.16 	~~(b)~~ For fiscal year ~~2007~~2008 and later, a district's general education aid is the sum of 
1.17 	the following amounts:
1.18 	(1) general education revenue, excluding equity revenue, total operating capital 
1.19 	revenue, alternative teacher compensation revenue, and transition revenue;
1.20 	(2) operating capital aid under section 126C.10, subdivision 13b;
1.21 	(3) equity aid under section 126C.10, subdivision 30;
1.22 	(4) alternative teacher compensation aid under section 126C.10, subdivision 36;
1.23 	(5) transition aid under section 126C.10, subdivision 33;
1.24 	(6) shared time aid under section 126C.01, subdivision 7;
2.1 	(7) referendum aid under section 126C.17, subdivisions 7 and 7a; and
2.2 	(8) online learning aid according to section 124D.096.