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SF 1350

as introduced - 87th Legislature (2011 - 2012) Posted on 02/23/2012 09:42am

KEY: stricken = removed, old language.
underscored = added, new language.
Line numbers 1.1 1.2 1.3 1.4
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A bill for an act
relating to education finance; extending the term of expiring operating referenda
by two years.

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

Section 1. new text begin OPERATING REFERENDUM EXTENSION.
new text end

new text begin Notwithstanding Minnesota Statutes, section 126C.17, or any other law to the
contrary, a district's operating referendum authority that would otherwise expire for
revenue for fiscal year 2013 or 2014 continues for fiscal years 2013 and 2014 and does
not expire until fiscal year 2015.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue for fiscal years 2013
and 2014 only.
new text end