SF 132

as introduced - 93rd Legislature (2023 - 2024) Posted on 06/26/2023 10:18am

A bill for an act
relating to education finance; authorizing a fund transfer for Independent School
District No. 191, Burnsville-Eagan-Savage.

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

Section 1. new text begin FUND TRANSFER; BURNSVILLE-EAGAN-SAVAGE SCHOOL
DISTRICT.
new text end

new text begin (a) Notwithstanding Minnesota Statutes, section 123B.51, subdivision 4, paragraph (b),
or any law to the contrary, any remaining net proceeds received by the district in connection
with a lease of real property that is not needed for school purposes, or part of the property
that is not needed for school purposes as permitted under Minnesota Statutes, section
123B.51, subdivision 4, paragraph (a), and which the school board of Independent School
District No. 191, Burnsville-Eagan-Savage, specifically identified in the district's open
facilities action plan, may be deposited in the district's general unrestricted fund following
the deposit of such proceeds, as required under Minnesota Statutes, section 123B.51,
subdivision 4, paragraph (b).
new text end

new text begin (b) Notwithstanding Minnesota Statutes, section 123B.51, subdivision 6, paragraphs (c)
to (f), or any law to the contrary, any remaining proceeds of the sale or exchange of school
buildings or real property of Independent School District No. 191, Burnsville-Eagan-Savage,
specifically identified in the district's open facilities action plan may be deposited in the
district's general unrestricted fund following application of such proceeds, as required under
Minnesota Statutes, section 123B.51, subdivision 6, paragraph (b).
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective upon compliance by Independent School
District No. 191, Burnsville-Eagan-Savage, with Minnesota Statutes, section 645.021,
subdivisions 2 and 3.
new text end