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HF 2593

as introduced - 87th Legislature (2011 - 2012) Posted on 02/29/2012 01:38pm

KEY: stricken = removed, old language.
underscored = added, new language.
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Engrossments
Introduction Posted on 02/29/2012

Current Version - as introduced

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A bill for an act
 relating to education finance; modifying sparsity revenue for a school district that
has ended an academic pairing agreement; amending Minnesota Statutes 2011
Supplement, section 126C.10, subdivision 8a.

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

Section 1.

Minnesota Statutes 2011 Supplement, section 126C.10, subdivision 8a,
is amended to read:


Subd. 8a.

Sparsity revenue for school districts that close facilitiesnew text begin or end
academic pairing programsnew text end .

new text begin (a) new text end A school district that closes a school facility or whose
sparsity revenue is reduced by a school closure in another district is eligible for elementary
and secondary sparsity revenue equal to the greater of the amounts calculated under
subdivisions 6, 7, and 8 or the total amount of sparsity revenue for the previous fiscal
year if the school board of the district has adopted a written resolution stating that the
district intends to close the school facility, but cannot proceed with the closure without
the adjustment to sparsity revenue authorized by this subdivision. The written resolution
must be approved by the board and filed with the commissioner of education prior to the
start of the fiscal year for which aid under this subdivision is first requested. A school
district whose sparsity revenue is affected by a closure in another district is not required to
adopt a written resolution under this section.

new text begin (b) If a school district ends an academic pairing agreement that was in place for more
than 15 years, the district's sparsity revenue equals the greater of the amount calculated
under subdivisions 6, 7, and 8, or the total amount of sparsity revenue for the previous
fiscal year.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment
and applies to revenue for fiscal years 2012 and later.
 new text end