HF 1114

as introduced - 91st Legislature (2019 - 2020) Posted on 02/14/2019 03:20pm

A bill for an act
relating to education finance; increasing revenue for the general education operating
capital program; modifying the calculation of the operating capital equalized levy;
appropriating money; amending Minnesota Statutes 2018, section 126C.10,
subdivisions 13, 13a.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2018, section 126C.10, subdivision 13, is amended to read:

Subd. 13.

Total operating capital revenue.

(a) Total operating capital revenue for a
district equals the amount determined under paragraph (b) or (c), plus $79 times the adjusted
pupil units for the school year. The revenue must be placed in a reserved account in the
general fund and may only be used according to subdivision 14.

(b) Capital revenue for a district equals deleted text begin $109 deleted text end new text begin $133 new text end times the district's maintenance cost
index times its adjusted pupil units for the school year.

(c) The revenue for a district that operates a program under section 124D.128, is increased
by an amount equal to $31 times the number of adjusted pupil units served at the site where
the program is implemented.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue in fiscal year 2020 and later.
new text end

Sec. 2.

Minnesota Statutes 2018, section 126C.10, subdivision 13a, is amended to read:

Subd. 13a.

Operating capital levy.

To obtain operating capital revenue, a district may
levy an amount not more than the product of its operating capital revenue for the fiscal year
times the lesser of one or the ratio of its adjusted net tax capacity per adjusted pupil unit to
the operating capital equalizing factor. The operating capital equalizing factor equals deleted text begin $15,740
for fiscal year 2017, $20,548 for fiscal year 2018, deleted text end $24,241 for fiscal year 2019, deleted text begin and deleted text end $22,912
for fiscal year 2020 new text begin , and $26,250 for fiscal year 2021 new text end and later.

Sec. 3. new text begin OPERATING CAPITAL AID; FISCAL YEAR 2020.
new text end

new text begin For fiscal year 2020 only, the entire amount of the operating capital revenue adjustment
under section 1 is paid through state aid.
new text end

Sec. 4. 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 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 2020 new text end
	new text begin $ new text end	new text begin ....... new text end	new text begin ..... new text end	new text begin 2021 new text end

new text begin The 2020 appropriation includes $....... for 2019 and $....... for 2020. The 2021
appropriation includes $....... for 2020 and $....... for 2021.
new text end