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Minnesota Legislature

Office of the Revisor of Statutes

HF 3699

1st Engrossment - 86th Legislature (2009 - 2010) Posted on 05/07/2010 01:22pm

KEY: stricken = removed, old language.
underscored = added, new language.

Bill Text Versions

Engrossments
Introduction Posted on 03/17/2010
1st Engrossment Posted on 05/07/2010

Current Version - 1st Engrossment

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9

A bill for an act
relating to education finance; removing obsolete language; amending Minnesota
Statutes 2008, section 126C.10, subdivision 2.

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

Section 1.

Minnesota Statutes 2008, section 126C.10, subdivision 2, is amended to read:


Subd. 2.

Basic revenue.

The basic revenue for each district equals the formula
allowance times the adjusted marginal cost pupil units for the school year. deleted text beginThe formula
allowance for fiscal year 2007 is $4,974.
deleted text end The formula allowance for fiscal year 2008 is
$5,074 and the formula allowance for fiscal year 2009 and subsequent years is $5,124.