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HF 431

as introduced - 88th Legislature (2013 - 2014) Posted on 02/07/2013 02:11pm

KEY: stricken = removed, old language.
underscored = added, new language.

Bill Text Versions

Engrossments
Introduction Posted on 02/07/2013

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9
1.10

A bill for an act
relating to education finance; permitting a onetime fund transfer for Independent
School District No. 742, St. Cloud.

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

Section 1. new text beginFUND TRANSFER; ST. CLOUD.
new text end

new text begin Notwithstanding Minnesota Statutes, sections 123B.57; 123B.80; and 475.61,
subdivision 4, on June 30, 2013, Independent School District No. 742, St. Cloud, may
permanently transfer up to $650,000 from its building construction fund to its reserved for
operating capital account without a corresponding levy adjustment in the debt service fund.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end