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SF 2463

as introduced - 89th Legislature (2015 - 2016) Posted on 03/11/2016 08:53am

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

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4 1.5
1.6 1.7 1.8 1.9 1.10 1.11
1.12 1.13

A bill for an act
relating to education finance; increasing funding for the community education
revenue program; increasing the minimum population guarantee; amending
Minnesota Statutes 2014, section 124D.20, subdivision 3.

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

Section 1.

Minnesota Statutes 2014, section 124D.20, subdivision 3, is amended to read:


Subd. 3.

General community education revenue.

The general community
education revenue for a district equals deleted text begin $5.23 for fiscal years 2005 and 2006 and $5.42
for fiscal year 2007
deleted text end new text begin $7.67 for fiscal year 2018 new text end and later, times the greater of 1,335 or
the population of the district. The population of the district is determined according to
section 275.14.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue for fiscal year 2018
and later.
new text end