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HF 1331

as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:48am

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
 relating to education finance; adjusting the qualification criteria for the alternative
facilities bonding and levy program; amending Minnesota Statutes 2008, section
123B.59, subdivision 1.

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

Section 1.

Minnesota Statutes 2008, section 123B.59, subdivision 1, is amended to read:


Subdivision 1.

To qualify.

(a) An independent or special school district qualifies to
participate in the alternative facilities bonding and levy program if the district has:

(1) more than 66 students per grade;

(2) deleted text begin over 1,850,000 square feet of space and the average age of building space is 15
years or older ordeleted text end over 1,500,000 square feet and the average age of building space is deleted text begin 35deleted text end new text begin
15new text end years or older;

(3) insufficient funds from projected health and safety revenue and capital facilities
revenue to meet the requirements for deferred maintenance, to make accessibility
improvements, or to make fire, safety, or health repairs; and

(4) a ten-year facility plan approved by the commissioner according to subdivision 2.

(b) An independent or special school district not eligible to participate in the
alternative facilities bonding and levy program under paragraph (a) qualifies for limited
participation in the program if the district has:

(1) one or more health and safety projects with an estimated cost of $500,000 or
more per site that would qualify for health and safety revenue except for the project size
limitation in section 123B.57, subdivision 1, paragraph (b); and

(2) insufficient funds from capital facilities revenue to fund those projects.

(c) Notwithstanding the square footage limitation in paragraph (a), clause (2),
a school district that qualified for eligibility under paragraph (a) as of July 1, 2007,
remains eligible for funding under this section as long as the district continues to meet the
requirements of paragraph (a), clauses (1), (3), and (4).

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue for fiscal year 2010
and later.
 new text end