Office of the Revisor of Statutes
HF 1161
Introduction - 94th Legislature (2025 - 2026)
Posted on 02/19/2025 11:14 a.m.
1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15 1.16 1.17
1.18
2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.9 2.10 2.11 2.12 2.13 2.14
2.15
2.16 2.17 2.18 2.19 2.20 2.21 2.22 2.23 2.24 2.25
A bill for an act
relating to education finance; establishing school district seasonal tax base
replacement aid; appropriating money; amending Minnesota Statutes 2024, sections
126C.13, subdivision 4; 126C.17, by adding a subdivision.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2024, section 126C.13, subdivision 4, is amended to read:
Subd. 4.
General education aid.
deleted text begin For fiscal year 2015 and later,deleted text end A district's general
education aid equals:
(1) general education revenue, excluding operating capital revenue, equity revenue, local
optional revenue, and transition revenue; plus
(2) operating capital aid under section 126C.10, subdivision 13b;
(3) equity aid under section 126C.10, subdivision 30; plus
(4) transition aid under section 126C.10, subdivision 33; plus
(5) shared time aid under section 126C.01, subdivision 7; plus
(6) referendum aid under section 126C.17, subdivisions 7 deleted text begin anddeleted text end new text begin ,new text end 7anew text begin , and 7cnew text end ; plus
(7) online learning aid under section 124D.096; plus
(8) local optional aid according to section 126C.10, subdivision 2e, paragraph (f).
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective for revenue in fiscal year 2027 and later.
new text end
Sec. 2.
Minnesota Statutes 2024, section 126C.17, is amended by adding a subdivision to
read:
new text begin Subd. 7c. new text end
new text begin Seasonal tax base replacement aid. new text end
new text begin
(a) A district's seasonal tax base
replacement aid equals the product of (1) one minus the seasonal tax base adjustment factor,
and (2) the district's referendum equalization levy calculated under subdivision 6.
new text end
new text begin
(b) A district's seasonal tax base adjustment factor equals the ratio of (1) the referendum
market value for the district, to (2) the sum of the referendum market value and the seasonal
market value for the district. The seasonal tax base adjustment factor may not be greater
than one or less than 0.5. For the purposes of this paragraph, "seasonal market value" means
the market value of all taxable property classified as class 4c(12) under section 273.13.
new text end
new text begin
(c) The amount calculated under paragraph (a) must be used to reduce the district's
referendum levy determined after the adjustments under subdivisions 7a and 7b, except that
the district's referendum levy must not be less than zero after the subtraction under this
subdivision.
new text end
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective for taxes payable in 2026 and later.
new text end
Sec. 3. new text begin APPROPRIATIONS.
new text end
new text begin Subdivision 1. new text end
new text begin Department of Education. new text end
new text begin
The sums indicated in this section are
appropriated from the general fund to the Department of Education for the fiscal years
designated.
new text end
new text begin Subd. 2. new text end
new text begin General education aid. new text end
new text begin
(a) For general education aid under Minnesota Statutes,
section 126C.13, subdivision 4:
new text end
|
new text begin
$ new text end |
new text begin
....... new text end |
new text begin
..... new text end |
new text begin
2026 new text end |
|
|
new text begin
$ new text end |
new text begin
....... new text end |
new text begin
..... new text end |
new text begin
2027 new text end |
new text begin
(b) The 2026 appropriation includes $....... for 2025 and $....... for 2026.
new text end
new text begin
(c) The 2027 appropriation includes $....... for 2026 and $....... for 2027.
new text end