as introduced - 83rd Legislature, 2003 1st Special Session (2003 - 2003) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 05/20/2003 |
1.1 A bill for an act 1.2 relating to education finance; removing obsolete 1.3 language from the definition of general education 1.4 revenue; amending Minnesota Statutes 2002, section 1.5 126C.10, subdivision 1. 1.6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.7 Section 1. Minnesota Statutes 2002, section 126C.10, 1.8 subdivision 1, is amended to read: 1.9 Subdivision 1. [GENERAL EDUCATION REVENUE.](a) For fiscal1.10year 2002, the general education revenue for each district1.11equals the sum of the district's basic revenue, basic skills1.12revenue, training and experience revenue, secondary sparsity1.13revenue, elementary sparsity revenue, transportation sparsity1.14revenue, total operating capital revenue, equity revenue,1.15transition revenue, and supplemental revenue.1.16(b)For fiscal year 2003 and later, the general education 1.17 revenue for each district equals the sum of the district's basic 1.18 revenue, basic skills revenue, training and experience revenue, 1.19 secondary sparsity revenue, elementary sparsity revenue, 1.20 transportation sparsity revenue, total operating capital 1.21 revenue, and equity revenue. 1.22 [EFFECTIVE DATE.] This section is effective July 1, 2003.