as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to education finance; authorizing a fund 1.3 transfer for Intermediate School District No. 916, 1.4 Northeast Metro. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. [FUND TRANSFER; NORTHEAST METRO.] 1.7 Notwithstanding Minnesota Statutes, sections 123B.79; 1.8 123B.80; and 475.61, subdivision 4, on June 30, 2004, 1.9 Intermediate School District No. 916, Northeast Metro, may 1.10 permanently transfer up to $240,000 from its debt redemption 1.11 fund to its capital account in its general fund without making a 1.12 levy reduction. 1.13 [EFFECTIVE DATE.] This section is effective the day 1.14 following final enactment.