1.1 	A bill for an act
1.2 	relating to education finance; creating a financial incentive for school districts 
1.3 	to share superintendents; appropriating money; amending Minnesota Statutes 
1.4 	2006, section 123B.143, by adding a subdivision.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2006, section 123B.143, is amended by adding a 
1.7 	subdivision to read:
1.8 		Subd. 3.Shared superintendent aid. Each school district that shares a 
1.9 	superintendent under subdivision 1 is annually eligible for state aid equal to $30,000.

1.10 	EFFECTIVE DATE. This section is effective for revenue for fiscal year 2008. 

1.11 	Sec. 2. APPROPRIATION.
 1.12 	$....... in fiscal year 2008 and $....... in fiscal year 2009 are appropriated from the 
1.13 	general fund to the commissioner of education for payment of shared superintendent 
1.14 	aid under section 1. 

1.15 	EFFECTIVE DATE. This section is effective July 1, 2007.