1.1 	A bill for an act
1.2 	relating to education finance; authorizing a school district to renew an expiring 
1.3 	referendum by action of the school board for up to five years;amending 
1.4 	Minnesota Statutes 2014, section 126C.17, by adding a subdivision.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2014, section 126C.17, is amended by adding a 
1.7 	subdivision to read:
1.8 		Subd. 9b.Renewal by school board. (a) Notwithstanding the election requirements 
1.9 	of subdivision 9, a school board may renew an expiring referendum by board action if:
1.10 	(1) the per pupil amount of the referendum is the same as the amount expiring;
1.11 	(2) the term of the renewed referendum is no longer than five years; and
1.12 	(3) the school board has adopted a written resolution authorizing the renewal after 
1.13 	holding a meeting and allowing public testimony on the proposed renewal.
1.14 	(b) The resolution must be adopted by the school board by June 15 of any calendar 
1.15 	year and becomes effective 60 days after its adoption.
1.16 	(c) A referendum expires in the last fiscal year in which the referendum generates 
1.17 	revenue for the school district. A school board may renew an expiring referendum under 
1.18 	this subdivision not more than two fiscal years before the referendum expires.
1.19 	(d) A district renewing an expiring referendum under this subdivision must submit a 
1.20 	copy of the adopted resolution to the commissioner and to the county auditor no later than 
1.21 	September 1 of the calendar year in which the levy is to be certified.

1.22 	EFFECTIVE DATE. This section is effective July 1, 2015.