as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
A bill for an act
relating to education finance; authorizing a fund transfer for Independent School
District No. 463, Eden Valley-Watkins.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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Notwithstanding Minnesota Statutes, sections 123B.79, 123B.80, and 475.61,
subdivision 4, Independent School District No. 463, Eden Valley-Watkins, as of June 30,
2006, may permanently transfer up to $50,000 from its debt redemption fund to the capital
account in its general fund without making a levy reduction.
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This section is effective the day following final enactment.
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