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Minnesota Legislature

Office of the Revisor of Statutes

HF 4421

as introduced - 90th Legislature (2017 - 2018) Posted on 04/16/2018 02:21pm

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

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9
1.10

A bill for an act
relating to education finance; authorizing a fund transfer for Independent School
District No. 403, Ivanhoe.

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

Section 1. new text beginFUND TRANSFER; IVANHOE SCHOOL DISTRICT.
new text end

new text begin Notwithstanding Minnesota Statutes, section 123B.79, 123B.80, or 124D.20, subdivision
10, on June 30, 2018, Independent School District No. 403, Ivanhoe, may permanently
transfer any amounts from its community education reserve fund balance and its school
readiness reserve account to its undesignated general fund.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end