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SF 2169

as introduced - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

  1.1                          A bill for an act 
  1.2             relating to education; modifying referendum 
  1.3             equalization revenue; amending Minnesota Statutes 
  1.4             1996, section 124A.03, subdivision 1f. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  Minnesota Statutes 1996, section 124A.03, 
  1.7   subdivision 1f, is amended to read: 
  1.8      Subd. 1f.  [REFERENDUM EQUALIZATION REVENUE.] A district's 
  1.9   referendum equalization revenue equals $315 one-half of the 
  1.10  formula allowance according to section 124A.22, subdivision 2, 
  1.11  times the district's actual pupil units for that year. 
  1.12     Referendum equalization revenue must not exceed a 
  1.13  district's total referendum revenue for that year.