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Minnesota Legislature

Office of the Revisor of Statutes

SF 1055

as introduced - 91st Legislature (2019 - 2020) Posted on 02/11/2019 02:43pm

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

Current Version - as introduced

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1.17

A bill for an act
relating to education finance; authorizing Independent School District No. 458,
Truman, to transfer money from the early childhood and family education and
school readiness reserve accounts in the community service fund to the general
fund.

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

Section 1. new text beginFUND TRANSFERS; INDEPENDENT SCHOOL DISTRICT NO. 458,
TRUMAN.
new text end

new text begin (a) Notwithstanding Minnesota Statutes, section 123B.79, 123B.80, or 124D.135, on
June 30, 2019, Independent School District No. 458, Truman, may permanently transfer up
to $65,000 from the early childhood and family education reserve account in the community
service fund to the undesignated general fund.
new text end

new text begin (b) Notwithstanding Minnesota Statutes, section 123B.79, 123B.80, or 124D.16, on June
30, 2019, Independent School District No. 458, Truman, may permanently transfer up to
$45,000 from the school readiness reserve account in the community service fund to the
undesignated general fund.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end