<div class="xtend">
         <div class="xtend_ce"><a id="pl.1.1"></a><var>1.1</var>A bill for an act<br />
            		
         </div><a id="pl.1.2"></a><var>1.2</var>relating to education finance; clarifying the calculation of general education aid;<br />
         		<a id="pl.1.3"></a><var>1.3</var>amending Minnesota Statutes 2016, section 126C.13, subdivision 4.<br />
         		<a id="pl.1.4"></a><var>1.4</var>BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:<br />
         		<br />
         		<a id="bill.0.1.0"></a><a id="pl.1.5"></a><var>1.5</var>&#160;&#160;&#160;&#160;Section 1. Minnesota Statutes 2016, section 126C.13, subdivision 4, is amended to read:<br />
         		<a id="pl.1.6"></a><var>1.6</var>&#160;&#160;&#160;&#160;Subd. 4. <b>General education aid.</b>  For fiscal year 2015 and later, A district's general <br />
         		<a id="pl.1.7"></a><var>1.7</var>education aid equals:<br />
         		<a id="pl.1.8"></a><var>1.8</var>(1) general education revenue, excluding operating capital revenue, equity revenue,
         local <br />
         		<a id="pl.1.9"></a><var>1.9</var>optional revenue, and transition revenue, minus the student achievement levy, multiplied <br />
         		<a id="pl.1.10"></a><var>1.10</var>times the ratio of the actual amount of student achievement levy levied to the permitted
         <br />
         		<a id="pl.1.11"></a><var>1.11</var>student achievement levy; plus<br />
         		<a id="pl.1.12"></a><var>1.12</var>(2) operating capital aid under section 
         <statute_ref>126C.10, subdivision 13b</statute_ref>;<br />
         		<a id="pl.1.13"></a><var>1.13</var>(3) equity aid under section 
         <statute_ref>126C.10, subdivision 30</statute_ref>; plus<br />
         		<a id="pl.1.14"></a><var>1.14</var>(4) transition aid under section 
         <statute_ref>126C.10, subdivision 33</statute_ref>; plus<br />
         		<a id="pl.1.15"></a><var>1.15</var>(5) shared time aid under section 
         <statute_ref>126C.10, subdivision 7</statute_ref>; plus<br />
         		<a id="pl.1.16"></a><var>1.16</var>(6) referendum aid under section 
         <statute_ref>126C.17, subdivisions 7</statute_ref> and 7a; plus<br />
         		<a id="pl.1.17"></a><var>1.17</var>(7) online learning aid under section 
         <statute_ref>124D.096</statute_ref>; plus<br />
         		<a id="pl.1.18"></a><var>1.18</var>(8) local optional aid according to under section 
         <statute_ref>126C.10, subdivision 2d</statute_ref>, paragraph <br />
         		<a id="pl.1.19"></a><var>1.19</var>(d).<br />
         		<a id="pl.1.20"></a><var>1.20</var><b>EFFECTIVE DATE.</b>This section is effective for fiscal year 2019 and later.<br />
         		
      </div>