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SF 4306

Introduction - 91st Legislature (2019 - 2020)

Posted on 03/12/2020 02:40 p.m.

KEY: stricken = removed, old language.
underscored = added, new language.
Version List SF4306 Authors and Status
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1.5 1.6 1.7 1.8 1.9

A bill for an act
 relating to education finance; authorizing a fund transfer for Independent School
District No. 333, Ogilvie.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin FUND TRANSFER; OGILVIE SCHOOL DISTRICT.
new text end

new text begin Notwithstanding Minnesota Statutes, section 123B.79, 123B.80, or 475.61, subdivision
4, on June 30, 2021, Independent School District No. 333, Ogilvie, may permanently transfer
up to $800,000 from its debt redemption fund to its undesignated general fund balance
without making a levy reduction.
 new text end