as introduced - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am
|Introduction||Posted on 02/03/1997|
1.1 A bill for an act 1.2 relating to education; authorizing a fiscal year 1998 1.3 levy adjustment resulting from the repeal of the K-12 1.4 appropriations caps to be spread over three years. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. [LEVY ADJUSTMENT ATTRIBUTABLE TO THE REPEAL OF 1.7 THE K-12 APPROPRIATIONS CAPS.] 1.8 Notwithstanding Minnesota Statutes, section 124.918, 1.9 subdivision 6, a school district may spread any positive levy 1.10 adjustments for fiscal year 1998 for levy categories affected by 1.11 the change in the general education basic formula allowance 1.12 under section 124A.22, subdivision 2, and the pupil unit 1.13 weightings under section 124.17, over a three-year period 1.14 beginning with taxes payable in 1998.