as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to education finance; modifying the levy for 1.3 retired employee health benefits; amending Minnesota 1.4 Statutes 2002, section 126C.41, subdivision 2. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. Minnesota Statutes 2002, section 126C.41, 1.7 subdivision 2, is amended to read: 1.8 Subd. 2. [RETIRED EMPLOYEE HEALTH BENEFITS.] A district 1.9 may levy an amount up to the amount the district is required by 1.10 the collective bargaining agreement in effect on March 30, 1992, 1.11 to pay for health insurance or unreimbursed medical expenses for 1.12 licensed and nonlicensed employees who have terminated services 1.13 in the employing district and withdrawn from active teaching 1.14 service or other active service, as applicable, before July 1.15 1,
19922002. The total amount of the levy each year may not 1.16 exceed $600,000. 1.17 [EFFECTIVE DATE.] This section is effective for taxes 1.18 payable in 2004.