1.1 	A bill for an act
1.2 	relating to education finance; authorizing a fund transfer for Independent School 
1.3 	District No. 403, Ivanhoe.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. FUND TRANSFER; IVANHOE PUBLIC SCHOOLS.
 1.6 	Notwithstanding Minnesota Statutes, section 123B.79, 123B.80, or 142D.11, subdivision 
1.7 	9, on June 30, 2026, Independent School District No. 403, Ivanhoe, may permanently transfer 
1.8 	up to $68,000 from its early childhood family education reserve balance in the community 
1.9 	service fund to its undesignated balance in the general fund.

1.10 	EFFECTIVE DATE. This section is effective the day following final enactment.