as introduced - 90th Legislature (2017 - 2018) Posted on 03/02/2017 10:07am
A bill for an act
relating to education finance; providing for supplemental aid for approved recovery
programs; amending Minnesota Statutes 2016, section 124D.695, by adding a
subdivision.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2016, section 124D.695, is amended by adding a subdivision
to read:
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Supplemental recovery program aid
for an approved recovery program equals the greater of zero or:
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(1) $140,000; minus
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(2) $7,000 times the greater of (i) zero or (ii) the adjusted pupil units enrolled in the
supplemental recovery program minus 50.
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This section is effective for revenue in fiscal year 2018 and later.
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