1.1 	A bill for an act
1.2 	relating to education finance; requiring permanent school fund revenue to be 
1.3 	set aside for school technology purposes;proposing coding for new law in 
1.4 	Minnesota Statutes, chapter 127A.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. [127A.331] SCHOOL ENDOWMENT FUND; USE OF REVENUE.
1.7 	A charter school or school district that receives school endowment fund revenue 
1.8 	under section 127A.33 must use that revenue only for the following purposes:
1.9 	(1) to purchase or lease computers and related materials, copying machines, 
1.10 	telecommunications equipment, and other noninstructional equipment;
1.11 	(2) to purchase or lease assistive technology or equipment for instructional programs;
1.12 	(3) to purchase new and replacement library media resources or technology;
1.13 	(4) to pay for ongoing or recurring telecommunications or Internet access costs 
1.14 	associated with Internet access, data lines, and video links; and
1.15 	(5) to pay for service provider installation fees for installation of new 
1.16 	telecommunications lines or increased bandwidth.

1.17 	EFFECTIVE DATE. This section is effective for revenue for fiscal year 2013 
1.18 	and later.