1.1 	A bill for an act
1.2 	relating to education finance; authorizing a fund transfer for Independent School 
1.3 	District No. 270, Hopkins.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. FUND TRANSFER; HOPKINS.
 1.6 	Notwithstanding Minnesota Statutes, section 123B.79 or 123B.80, on June 30, 2006, 
1.7 	Independent School District No. 270, Hopkins, may permanently transfer up to $150,000 
1.8 	from its community education fund to its undesignated general fund balance to assist the 
1.9 	district in decreasing its statutory operating debt.