HF 2973

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

A bill for an act
relating to education finance; eliminating the permanent school fund subtraction;
simplifying education funding; dedicating permanent school fund revenue for
technology; proposing coding for new law in Minnesota Statutes, chapter 127A;
repealing Minnesota Statutes 2006, section 126C.21, subdivision 1.

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

Section 1.

new text begin [127A.331] SCHOOL ENDOWMENT FUND; USE OF REVENUE.
new text end

new text begin A school that receives school endowment fund revenue under section 127A.33 may
use that revenue only for the following purposes:
new text end

new text begin (1) to purchase or lease computers and related materials, copying machines,
telecommunications equipment, and other noninstructional equipment;
new text end

new text begin (2) to purchase or lease assistive technology or equipment for instructional programs;
new text end

new text begin (3) to purchase new and replacement library media resources or technology;
new text end

new text begin (4) to pay for ongoing or recurring telecommunications/Internet access costs
associated with Internet access, data lines, and video links; and
new text end

new text begin (5) to pay for service provider installation fees for installation of new
telecommunications lines or increased bandwidth.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue for fiscal year 2009.
new text end

Sec. 2. new text begin REPEALER.
new text end

new text begin Minnesota Statutes 2006, section 126C.21, subdivision 1, new text end new text begin is repealed.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue for fiscal year 2009.
new text end