1.1                          A bill for an act 
  1.2             relating to education finance; making the levy for 
  1.3             career and technical programs permanent; amending 
  1.4             Minnesota Statutes 2002, section 126C.457.  
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  Minnesota Statutes 2002, section 126C.457, is 
  1.7   amended to read: 
  1.8      126C.457 [CAREER AND TECHNICAL LEVY.] 
  1.9      For taxes payable in 2003 only Each year, a school district 
  1.10  may levy an amount equal to the greater of (1) $10,000, or (2) 
  1.11  the district's fiscal year 2001 entitlement for career and 
  1.12  technical aid under section 124D.453.  The district must 
  1.13  recognize the full amount of this levy as revenue for the fiscal 
  1.14  year in which it is certified.  Revenue received under this 
  1.15  section must be reserved and used only for career and technical 
  1.16  programs.  
  1.17     <b>[EFFECTIVE DATE.]</b> This section is effective for taxes 
  1.18  payable in 2004 and later.