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SF 1625

as introduced - 91st Legislature (2019 - 2020) Posted on 02/25/2019 03:12pm

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
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Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11

A bill for an act
 relating to education finance; authorizing a fund transfer for independent school
district No. 270, Hopkins.

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

Section 1. new text begin FUND TRANSFER; HOPKINS SCHOOL DISTRICT.
new text end

new text begin (a) Notwithstanding Minnesota Statutes, section 123B.79, 123B.80, or 124D.20,
subdivision 10, on June 30, 2019, Independent School District No. 270, Hopkins, may
permanently transfer up to $500,000 from its community education reserve fund balance
to its reserved for operating capital account in the general fund.
 new text end

new text begin (b) The transfer funds must be used only to design, construct, furnish, and equip an early
childhood classroom addition.
 new text end