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HF 2577

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
 relating to education finance; correcting the Plainview-Elgin-Millville
community education fund balance adjustment; amending Laws 2007, chapter
146, article 5, section 11, subdivision 1.

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

Section 1.

Laws 2007, chapter 146, article 5, section 11, subdivision 1, is amended to
read:


Subdivision 1.

Fiscal year 2007 replacement aid.

Independent School District No.
2899, Plainview-Elgin-Millville, is eligible for replacement deleted text begin aiddeleted text end new text begin revenue new text end to offset its excess
fund balance penalty for fiscal year 2007. new text begin The aid adjustment must be made under Laws
2007, chapter 146, article 5, section 13, subdivision 5. The levy adjustment of $6,600
must be included as part of the district's property taxes for taxes payable in 2009.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
 new text end