Minnesota Legislature
SF 883
as introduced - 87th Legislature (2011 - 2012) Posted on 02/23/2012 09:21am
Current Version - as introduced
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A bill for an act
relating to education finance; expanding the number of public school pupils
covered by the permanent school fund endowment apportionment; amending
Minnesota Statutes 2010, sections 123A.55; 127A.33.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2010, section 123A.55, is amended to read:
123A.55 CLASSES, NUMBER.
Districts shall be classified as common, independent, deleted text begin ordeleted text end specialnew text begin , or charternew text end districtsdeleted text begin ,deleted text end new text begin .new text end
Each deleted text begin of whichdeleted text end new text begin common, independent, and special districtnew text end is a public corporation. Each
district shall be known by its classification and assigned a number by the commissioner so
that its title will be .......... School District No. ......
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective July 1, 2011.
new text end
Sec. 2.
Minnesota Statutes 2010, section 127A.33, is amended to read:
127A.33 SCHOOL ENDOWMENT FUND; APPORTIONMENT.
The commissioner shall apportion the school endowment fund semiannually on the
first Monday in March and September in each year, to districts whose schools have been
in session at least nine months. The apportionment shall be in proportion to deleted text begin the number
of pupils indeleted text end new text begin each district's adjustednew text end average daily membership during the preceding year.
The apportionment shall not be paid to a district for pupils for whom tuition is received
by the district.
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective for revenue for fiscal years 2012
and later.
new text end