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SF 763

as introduced - 79th Legislature (1995 - 1996) Posted on 12/15/2009 12:00am

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

Current Version - as introduced

  1.1                          A bill for an act
  1.2             relating to education; increasing the general 
  1.3             education formula allowance; appropriating money; 
  1.4             amending Minnesota Statutes 1994, section 124A.22, 
  1.5             subdivision 2. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  Minnesota Statutes 1994, section 124A.22, 
  1.8   subdivision 2, is amended to read: 
  1.9      Subd. 2.  [BASIC REVENUE.] The basic revenue for each 
  1.10  district equals the formula allowance times the actual pupil 
  1.11  units for the school year.  The formula allowance for fiscal 
  1.12  years 1993 and 1994 is $3,050. The formula allowance for fiscal 
  1.13  year 1995 and subsequent fiscal years is $3,150.  The formula 
  1.14  allowance for fiscal year 1996 and subsequent fiscal years is 
  1.15  $3,530.