1.1 	A bill for an act
1.2 	relating to education finance; authorizing additional long-term facilities maintenance 
1.3 	revenue for historic school building preservation;amending Minnesota Statutes 
1.4 	2022, section 123B.595, by adding a subdivision; Minnesota Statutes 2023 
1.5 	Supplement, section 123B.595, subdivision 1.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. Minnesota Statutes 2023 Supplement, section 123B.595, subdivision 1, is 
1.8 	amended to read:
1.9 		Subdivision 1.Long-term facilities maintenance revenue. (a) Long-term facilities 
1.10 	maintenance revenue equals the greater of (1) the sum of (i) $380 times the district's adjusted 
1.11 	pupil units times the lesser of one or the ratio of the district's average building age to 35 
1.12 	years, plus (ii) the cost approved by the commissioner for indoor air quality, fire alarm and 
1.13 	suppression, and asbestos abatement projects under section 123B.57, subdivision 6, with 
1.14 	an estimated cost of $100,000 or more per site, plus (iii) for a school district with an approved 
1.15 	voluntary prekindergarten program under section 124D.151, the cost approved by the 
1.16 	commissioner for remodeling existing instructional space to accommodate prekindergarten 
1.17 	instruction, plus (iv) the costs approved by the commissioner for historic school building 
1.18 	preservation under subdivision 4a, or (2) the sum of (i) the amount the district would have 
1.19 	qualified for under Minnesota Statutes 2014, section 123B.57, Minnesota Statutes 2014, 
1.20 	section 123B.59, and Minnesota Statutes 2014, section 123B.591, and (ii) for a school 
1.21 	district with an approved voluntary prekindergarten program under section 124D.151, the 
1.22 	cost approved by the commissioner for remodeling existing instructional space to 
1.23 	accommodate prekindergarten instruction, and (iii) the costs approved by the commissioner 
1.24 	for historic school building preservation under subdivision 4a.
2.1 	(b) Notwithstanding paragraph (a), a school district that qualified for eligibility under 
2.2 	Minnesota Statutes 2014, section 123B.59, subdivision 1, paragraph (a), for fiscal year 2010 
2.3 	remains eligible for funding under this section as a district that would have qualified for 
2.4 	eligibility under Minnesota Statutes 2014, section 123B.59, subdivision 1, paragraph (a), 
2.5 	for fiscal year 2017 and later.

2.6 	EFFECTIVE DATE. This section is effective for revenue in fiscal year 2026 and later.

2.7 	Sec. 2. Minnesota Statutes 2022, section 123B.595, is amended by adding a subdivision 
2.8 	to read:
2.9 		Subd. 4a.Historic school building preservation plan. (a) A school district's facilities 
2.10 	plan under subdivision 4 may include a plan to preserve and maintain a historic school 
2.11 	building. For purposes of this subdivision, "historic school building" means a building that:
2.12 	(1) currently serves elementary or secondary students; and
2.13 	(2) was listed on the National Register of Historic Places as of January 1, 2024.
2.14 	(b) The commissioner may approve, in the form and manner determined by the 
2.15 	commissioner, the additional costs necessary to implement the plan under this subdivision, 
2.16 	consistent with the other requirements of this section. The additional costs under this 
2.17 	subdivision must not exceed $200,000 per year for each qualifying historic school building.

2.18 	EFFECTIVE DATE. This section is effective for revenue in fiscal year 2026 and later.