1st Engrossment - 89th Legislature (2015 - 2016) Posted on 09/30/2015 02:04pm
A bill for an act
relating to property taxation; repealing the student achievement levy; amending
Minnesota Statutes 2014, section 126C.13, subdivision 4; repealing Minnesota
Statutes 2014, section 126C.13, subdivisions 3a, 3b, 3c.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2014, section 126C.13, subdivision 4, is amended to read:
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(a) For fiscal years 2013 and 2014 only, a district's
general education aid is the sum of the following amounts:
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(1) general education revenue, excluding equity revenue, total operating capital
revenue, alternative teacher compensation revenue, and transition revenue;
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(2) operating capital aid under section 126C.10, subdivision 13b;
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(3) equity aid under section 126C.10, subdivision 30;
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(4) alternative teacher compensation aid under section 126C.10, subdivision 36;
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(5) transition aid under section 126C.10, subdivision 33;
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(6) shared time aid under section 126C.01, subdivision 7;
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(7) referendum aid under section 126C.17, subdivisions 7 and 7a; and
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(8) online learning aid according to section 124D.096.
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deleted text begin (b) For fiscal year 2015 and later,deleted text end A district's general education aid equals:
(1) general education revenue, excluding operating capital revenue, equity revenue,
local optional revenue, and transition revenuedeleted text begin , minus the student achievement levy,
multiplied times the ratio of the actual amount of student achievement levy levied to the
permitted student achievement levydeleted text end ; plus
(2) equity aid under section 126C.10, subdivision 30; plus
(3) transition aid under section 126C.10, subdivision 33; plus
(4) shared time aid under section 126C.10, subdivision 7; plus
(5) referendum aid under section 126C.17, subdivisions 7 and 7a; plus
(6) online learning aid under section 124D.096; plus
(7) local optional aid according to section 126C.10, subdivision 2d, paragraph (d).
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This section is effective for state aid for fiscal year 2017
and later.
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Minnesota Statutes 2014, section 126C.13, subdivisions 3a, 3b, and 3c,
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are repealed.
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This section is effective for taxes payable in 2016 and
thereafter.
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