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SF 2254

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

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

Current Version - as introduced

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A bill for an act
relating to education; authorizing a fund transfer for
Independent School District No. 2853, Lac qui Parle
Valley.

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

Section 1. new text begin LAC QUI PARLE VALLEY; FUND TRANSFER.
new text end

new text begin Notwithstanding Minnesota Statutes, sections 123B.79,
123B.80, and 475.64, subdivision 4, Independent School District
No. 2853, Lac qui Parle Valley, may permanently transfer up to
$100,000 each year for five years from its debt service fund to
its unrestricted general fund without making a levy reduction.
The district must make its initial transfer under this section
on June 30, 2005.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day
following final enactment.
new text end