Office of the Revisor of Statutes
HF 409
Introduction - 94th Legislature (2025 - 2026)
Posted on 02/24/2025 05:42 p.m.
Bill Text Versions
| Engrossments | ||
|---|---|---|
|
Introduction
PDF
|
Posted on 02/11/2025 |
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 1.19 1.20 1.21 1.22 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 2.26 2.27
2.28
2.29 2.30 2.31 2.32 3.1 3.2 3.3 3.4
A bill for an act
relating to education finance; increasing local optional revenue; increasing the aid
amount; appropriating money; amending Minnesota Statutes 2024, section 126C.10,
subdivision 2e.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2024, section 126C.10, subdivision 2e, is amended to read:
Subd. 2e.
Local optional revenue.
(a)new text begin A school district's first tier local optional allowance
for fiscal year 2026 equals $250. For fiscal year 2027 and later, the first tier local optional
allowance equals:
new text end
new text begin
(1) the sum of the local optional allowances for the previous year times the ratio of the
general education basic formula allowance for the current year to the general education
basic formula allowance for the previous year; less
new text end
new text begin
(2) $724.
new text end
new text begin
(b) For fiscal year 2026 and later, a district's second tier local optional allowance equals
$300.
new text end
new text begin
(c) For fiscal year 2026 and later, a district's third tier local optional allowance equals
$424.
new text end
new text begin (d)new text end Local optional revenue for a school district equals the sum of the district's first tier
local optional revenue deleted text begin anddeleted text end new text begin ,new text end second tier local optional revenuenew text begin , and third tier local optional
revenuenew text end . A district's first tier local optional revenue equals deleted text begin $300deleted text end new text begin the first tier local optional
allowance times the adjusted pupil units of the district for that school year. A district's
second tier local optional revenue equals the second tier local optional allowancenew text end times the
adjusted pupil units of the district for that school year. A district's deleted text begin seconddeleted text end new text begin thirdnew text end tier local
optional revenue equals deleted text begin $424deleted text end new text begin the third tier local optional allowancenew text end times the adjusted pupil
units of the district for that school year.
deleted text begin (b)deleted text end new text begin (e)new text end A district's local optional levy equals the sum of the deleted text begin firstdeleted text end new text begin secondnew text end tier local optional
levy and the deleted text begin seconddeleted text end new text begin thirdnew text end tier local optional levy.
deleted text begin (c)deleted text end new text begin (f)new text end A district's deleted text begin firstdeleted text end new text begin secondnew text end tier local optional levy equals the district's deleted text begin firstdeleted text end new text begin secondnew text end
tier local optional revenue times the lesser of one or the ratio of the district's referendum
market value per resident pupil unit to $880,000.
deleted text begin (d) For fiscal year 2023, a district's second tier local optional levy equals the district's
second tier local optional revenue times the lesser of one or the ratio of the district's
referendum market value per resident pupil unit to $548,842. For fiscal year 2024, a district's
second tier local optional levy equals the district's second tier local optional revenue times
the lesser of one or the ratio of the district's referendum market value per resident pupil unit
to $510,000.deleted text end new text begin (g)new text end For fiscal year 2025, a district's deleted text begin seconddeleted text end new text begin thirdnew text end tier local optional levy equals
the district's deleted text begin seconddeleted text end new text begin thirdnew text end tier local optional revenue times the lesser of one or the ratio of
the district's referendum market value per resident pupil unit to $626,450. For fiscal year
2026, a district's deleted text begin seconddeleted text end new text begin thirdnew text end tier local optional levy equals the district's deleted text begin seconddeleted text end new text begin thirdnew text end tier
local optional revenue times the lesser of one or the ratio of the district's referendum market
value per resident pupil unit to $642,038. For fiscal year 2027 and later, a district's deleted text begin seconddeleted text end new text begin
thirdnew text end tier local optional levy equals the district's deleted text begin seconddeleted text end new text begin thirdnew text end tier local optional revenue
times the lesser of one or the ratio of the district's referendum market value per resident
pupil unit to $671,345.
deleted text begin (e)deleted text end new text begin (h)new text end The local optional levy must be spread on referendum market value. A district
may levy less than the permitted amount.
deleted text begin (f)deleted text end new text begin (i)new text end A district's local optional aid equals its local optional revenue minus its local
optional levy. If a district's actual levy for deleted text begin first ordeleted text end second new text begin or third new text end tier local optional revenue
is less than its maximum levy limit for that tier, its aid must be proportionately reduced.
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective for revenue for fiscal year 2026 and later.
new text end
Sec. 2. new text begin APPROPRIATION; GENERAL EDUCATION AID.
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 in the fiscal years
designated.
new text end
new text begin Subd. 2. new text end
new text begin Additional general education aid. new text end
new text begin
For additional general education aid required
under this act:
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 |