Skip to main content Skip to office menu Skip to footer
Capital IconMinnesota Legislature
Office of the Revisor of Statutes

SF 45

as introduced - 89th Legislature (2015 - 2016) Posted on 01/16/2015 09:19am

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
Pdf Rtf

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 1.11 1.12 1.13 1.14 1.15 1.16 1.17 1.18
1.19 1.20

A bill for an act
 relating to education finance; increasing school district operating capital revenue;
reserving revenue for technology; amending Minnesota Statutes 2014, section
126C.10, subdivision 13.

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

Section 1.

Minnesota Statutes 2014, section 126C.10, subdivision 13, is amended to
read:


Subd. 13.

Total operating capital revenue.

(a) Total operating capital revenue for a
district equals the amount determined under paragraph (b) or (c), plus deleted text begin $79deleted text end new text begin $.......new text end times the
adjusted pupil units for the school year. The revenue must be placed in a reserved account
in the general fund and may only be used according to subdivision 14.new text begin Of the revenue
under this subdivision, $....... must be reserved for uses under subdivision 14, clauses (15),
(18), (19), (21), (23), and (24), or to purchase electronic textbooks.
new text end

(b) Capital revenue for a district equals $109 times the district's maintenance cost
index times its adjusted pupil units for the school year.

(c) The revenue for a district that operates a program under section 124D.128, is
increased by an amount equal to $31 times the number of adjusted pupil units served at the
site where the program is implemented.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue in fiscal year 2017 and
later.
 new text end