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Capital IconMinnesota Legislature

HF 455

as introduced - 92nd Legislature (2021 - 2022) Posted on 01/28/2021 02:20pm

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
relating to education finance; creating a new source of state aid for school districts
with low general education revenue and low property wealth per pupil;
appropriating money; proposing coding for new law in Minnesota Statutes, chapter
126C.

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

Section 1.

new text begin [126C.127] GENERAL EDUCATION DISPARITY AID.
new text end

new text begin Subdivision 1. new text end

new text begin Eligible districts. new text end

new text begin A school district, not including a charter school,
qualifies for general education disparity aid if: (1) the district's adjusted net tax capacity per
adjusted pupil unit is less than the value of the district at or immediately below the 20th
percentile of districts; or (2) the district's referendum market value per resident pupil unit
is less than the value of the district at or immediately below the 20th percentile of districts.
new text end

new text begin Subd. 2. new text end

new text begin General education disparity aid. new text end

new text begin (a) A district's general education disparity
aid allowance equals 0.7 times the greater of:
new text end

new text begin (1) zero; or
new text end

new text begin (2) the difference between (i) the amount of general education revenue per adjusted
pupil unit under section 126C.10, not including referendum revenue, for the district at or
immediately below the 20th percentile of districts, and (ii) the amount of general education
revenue per adjusted pupil unit under section 126C.10, not including referendum revenue,
for the district.
new text end

new text begin (b) For fiscal year 2022 and later, a district's general education disparity aid equals its
general education disparity aid allowance times the adjusted pupil units.
new text end

new text begin EFFECTIVE DATE. new text end

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

Sec. 2. new text beginAPPROPRIATIONS.
new text end

new text begin Subdivision 1. new text end

new text begin Department of Education. new text end

new text begin The sums indicated in this section are
appropriated from the general fund to the Department of Education for the fiscal years
designated.
new text end

new text begin Subd. 2. new text end

new text begin General education disparity aid. new text end

new text begin For general education disparity aid under
Minnesota Statutes, section 126C.127:
new text end

new text begin $
new text end
new text begin .......
new text end
new text begin .....
new text end
new text begin 2022
new text end
new text begin $
new text end
new text begin .......
new text end
new text begin .....
new text end
new text begin 2023
new text end