1.1 	A bill for an act
1.2 	relating to education finance; establishing special technology revenue; providing 
1.3 	revenue authority to school districts, charter schools, intermediate districts, and 
1.4 	other cooperative units;proposing coding for new law in Minnesota Statutes, 
1.5 	chapter 125B.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. [125B.30] SPECIAL TECHNOLOGY REVENUE.
1.8 		Subdivision 1.Special technology revenue. (a) For fiscal year 2017 and later, a 
1.9 	school district or charter school is eligible to receive revenue under this section. Special 
1.10 	technology revenue equals $....... times the adjusted pupil units.
1.11 	(b) A school district that is a member of an intermediate district or one or more other 
1.12 	cooperative units under section 123A.24, subdivision 2, may include in its authority under 
1.13 	this section an amount equal to $....... times the adjusted pupil units. Revenue raised under 
1.14 	this paragraph must be transferred to the intermediate school district or cooperative units.
1.15 		Subd. 2.Special technology equalized levy for a school district. To obtain 
1.16 	revenue under this section, a school district may levy an amount not more than the product 
1.17 	of its special technology revenue for the fiscal year times the lesser of one or the ratio of 
1.18 	its adjusted net tax capacity per adjusted pupil unit in the year preceding the year the levy 
1.19 	is certified to 125 percent of the state average adjusted net tax capacity per adjusted pupil 
1.20 	unit in the year preceding the year the levy is certified.
1.21 		Subd. 3.Special technology aid. (a) Special technology aid for a school district 
1.22 	equals its special technology revenue minus special technology levy times the ratio of the 
1.23 	actual amount levied to the permitted levy.
1.24 	(b) Special technology aid for a charter school equals its special technology revenue.
2.1 		Subd. 4.Special technology revenue uses. Revenue under this section may be used 
2.2 	only for purposes consistent with section 126C.10, subdivision 14, clauses (15), (18), (19), 
2.3 	(21), (23), and (24), or to purchase electronic textbooks.

2.4 	EFFECTIVE DATE. This section is effective for revenue in fiscal year 2017 and 
2.5 	later.