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SF 3249

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; increasing the 
  1.3             equalizing factor in the debt service equalization 
  1.4             program for independent school district No. 2071, Lake 
  1.5             Crystal-Wellcome Memorial. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  [EQUALIZING FACTOR.] 
  1.8      Notwithstanding Minnesota Statutes, section 123B.53, 
  1.9   subdivision 5, the first tier debt service equalizing factor for 
  1.10  independent school district No. 2071, Lake Crystal-Wellcome 
  1.11  Memorial, is $5,000. 
  1.12     [EFFECTIVE DATE.] This section is effective for revenue for 
  1.13  fiscal year 2003 and thereafter.