1.1 	A bill for an act
1.2 	relating to education finance; authorizing an exception to the lease levy 
1.3 	requirements for Independent School District No. 16, Spring Lake Park.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. ADMINISTRATIVE LEASE LEVY; SPRING LAKE PARK.
 1.6 	Notwithstanding the instructional purposes limitation of Minnesota Statutes, section 
1.7 	126C.40, subdivision 1, Independent School District No. 16, Spring Lake Park, may lease 
1.8 	a building for administrative purposes and include the lease under Minnesota Statutes, 
1.9 	section 126C.40, subdivision 1. 

1.10 	EFFECTIVE DATE. This section is effective for taxes payable in 2008.