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SF 2320

as introduced - 82nd Legislature (2001 - 2002) 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 finance; authorizing a fund 
  1.3             transfer for independent school district No. 701, 
  1.4             Hibbing. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [FUND TRANSFER; HIBBING.] 
  1.7      Notwithstanding Minnesota Statutes, sections 123B.79, 
  1.8   123B.80, and 475.61, subdivision 4, on June 30, 2001, 
  1.9   independent school district No. 701, Hibbing, may permanently 
  1.10  transfer up to $400,000 from its debt redemption fund to its 
  1.11  capital account in its general fund without making a levy 
  1.12  reduction. 
  1.13     [EFFECTIVE DATE.] This section is effective the day 
  1.14  following final enactment.