HF 3153

as introduced - 82nd Legislature (2001 - 2002) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to education; modifying reduction process to 
  1.3             district referendum revenue allowance; amending 
  1.4             Minnesota Statutes 2001 Supplement, section 126C.17, 
  1.5             subdivision 1. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  Minnesota Statutes 2001 Supplement, section 
  1.8   126C.17, subdivision 1, is amended to read: 
  1.9      Subdivision 1.  [REFERENDUM ALLOWANCE.] (a) For fiscal year 
  1.10  2002, a district's referendum revenue allowance equals the sum 
  1.11  of the allowance under section 126C.16, subdivision 2, plus any 
  1.12  additional allowance per resident marginal cost pupil unit 
  1.13  authorized under subdivision 9 for fiscal year 2002. 
  1.14     (b) For fiscal year 2003 and later, a district's initial 
  1.15  referendum revenue allowance equals the sum of the allowance 
  1.16  under section 126C.16, subdivision 2, plus any additional 
  1.17  allowance per resident marginal cost pupil unit authorized under 
  1.18  subdivision 9 before May 1, 2001, for fiscal year 2002 and 
  1.19  later, plus the referendum conversion allowance approved under 
  1.20  subdivision 13, minus $415.  For districts with more than one 
  1.21  referendum authority, the reduction must be computed separately 
  1.22  for each authority.  The reduction must be applied first to the 
  1.23  referendum conversion allowance and next to the authority with 
  1.24  the earliest expiration date including any authority expiring at 
  1.25  the end of the 2002 school year.  A district's initial 
  2.1   referendum revenue allowance may not be less than zero. 
  2.2      (c) For fiscal year 2003 and later, a district's referendum 
  2.3   revenue allowance equals the initial referendum allowance plus 
  2.4   any additional allowance per resident marginal cost pupil unit 
  2.5   authorized under subdivision 9 after April 30, 2001, for fiscal 
  2.6   year 2003 and later. 
  2.7      [EFFECTIVE DATE.] This section is effective the day 
  2.8   following final enactment.