SF 3317

as introduced - 86th Legislature (2009 - 2010) Posted on 03/24/2010 07:37am

A bill for an act
relating to education finance; authorizing a discretionary levy for school districts;
proposing coding for new law in Minnesota Statutes, chapter 126C.

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

Section 1.

new text begin [126C.155] DISCRETIONARY LEVY.
new text end

new text begin In any year that the general education formula allowance under section 126C.10,
subdivision 2, has not been increased, a school board, after a hearing called for that
purpose, may adopt a resolution prior to August 1 authorizing a discretionary levy in an
amount not to exceed $200 times the district's pupil units for that year. The amount of
the levy authority adopted by the board must be spread against the net tax capacity of
the school district.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for fiscal years 2012 and later.
new text end