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HF 4399

as introduced - 91st Legislature (2019 - 2020) Posted on 03/11/2020 11:39am

KEY: stricken = removed, old language.
underscored = added, new language.
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Engrossments
Introduction Posted on 03/11/2020

Current Version - as introduced

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A bill for an act
 relating to education finance; modifying the declining enrollment revenue formula;
amending Minnesota Statutes 2019 Supplement, section 126C.10, subdivision 2d.

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

Section 1.

Minnesota Statutes 2019 Supplement, section 126C.10, subdivision 2d, is
amended to read:


Subd. 2d.

Declining enrollment revenue.

(a) A school district's declining enrollment
revenue equals the greater of zero or the product of: (1) deleted text begin 28deleted text end new text begin 35new text end percent of the formula
allowance for that year and (2) the difference between the adjusted pupil units for the
preceding year and the adjusted pupil units for the current year.

(b) Notwithstanding paragraph (a), for fiscal year 2022 only, prekindergarten pupil units
under section 126C.05, subdivision 1, paragraph (d), must be excluded from the calculation
of declining enrollment revenue.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue for fiscal year 2022 and later.
 new text end