1.1                          A bill for an act 
  1.2             relating to education; authorizing an increased 
  1.3             retired employee health benefits levy; amending 
  1.4             Minnesota Statutes 1996, section 124.916, subdivision 
  1.5             2. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  Minnesota Statutes 1996, section 124.916, 
  1.8   subdivision 2, is amended to read: 
  1.9      Subd. 2.  [RETIRED EMPLOYEE HEALTH BENEFITS.] For taxes 
  1.10  payable in 1996, 1997, 1998, and 1999 only, A school district 
  1.11  may levy an amount up to the amount the district is required by 
  1.12  the collective bargaining agreement in effect on March 30, 1992, 
  1.13  to pay for health insurance or unreimbursed medical expenses for 
  1.14  licensed and nonlicensed employees who have terminated services 
  1.15  in the employing district and withdrawn from active teaching 
  1.16  service or other active service, as applicable, before July 1, 
  1.17  1992.  The total amount of the levy each year may not exceed 
  1.18  $300,000: 
  1.19     (1) $300,000 if the district has not negotiated a sunset 
  1.20  clause for such health benefits; or 
  1.21     (2) the greater of $300,000 or 75 percent of the annual 
  1.22  amount required for such health benefits for districts that have 
  1.23  negotiated a sunset clause. 
  1.24     Notwithstanding section 121.904, 50 percent of the proceeds 
  1.25  of this levy shall be recognized in the fiscal year in which it 
  2.1   is certified.