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SF 3556

as introduced - 85th Legislature (2007 - 2008) 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 finance; making all school districts eligible for the
alternative facilities bonding and levy program; making all school districts
eligible for the deferred maintenance revenue program; amending Minnesota
Statutes 2006, sections 123B.59, subdivision 1; 123B.591, subdivision 1.

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

Section 1.

Minnesota Statutes 2006, section 123B.59, subdivision 1, is amended to read:


Subdivision 1.

To qualify.

(a) An independent or special school district qualifies to
participate in the alternative facilities bonding and levy program if the district has:

(1) deleted text begin more than 66 students per grade;
deleted text end

deleted text begin (2) over 1,850,000 square feet of space and the average age of building space is 15
years or older or over 1,500,000 square feet and the average age of building space is
35 years or older;
deleted text end

deleted text begin (3)deleted text end insufficient funds from projected health and safety revenue and capital facilities
revenue to meet the requirements for deferred maintenance, to make accessibility
improvements, or to make fire, safety, or health repairs; deleted text begin and
deleted text end

deleted text begin (4)deleted text end new text begin (2) new text end a ten-year facility plan approved by the commissioner according to
subdivision 2new text begin ; and
new text end

new text begin (3) notified the commissioner of its intention to forego its eligibility for deferred
maintenance revenue under section 123B.591 for the current year
new text end .

(b) An independent or special school district new text begin is new text end not eligible to participate in the
alternative facilities bonding and levy program under paragraph (a) deleted text begin qualifies for limited
participation in the program if the district has:
deleted text end

deleted text begin (1) one or more health and safety projects with an estimated cost of $500,000 or
more per site that would qualify for health and safety revenue except for the project size
limitation in section 123B.57, subdivision 1, paragraph (b); and
deleted text end

deleted text begin (2) insufficient funds from capital facilities revenue to fund those projectsdeleted text end new text begin if the
school district elects to receive deferred maintenance revenue, under section 123B.591,
for the same year
new text end .

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue for fiscal year 2010
and later.
new text end

Sec. 2.

Minnesota Statutes 2006, section 123B.591, subdivision 1, is amended to read:


Subdivision 1.

Eligibility.

new text begin In any given fiscal year, new text end an independent or special
school district that does not qualify to participate in the alternative facilities bonding and
levy under section 123B.59, subdivision 1, paragraph (a), is eligible to receive deferred
maintenance revenue.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue for fiscal year 2010
and later.
new text end