1.1 	A bill for an act
1.2 	relating to education finance; increasing funding for school readiness programs; 
1.3 	appropriating money;amending Minnesota Statutes 2014, section 124D.16, 
1.4 	subdivision 2.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2014, section 124D.16, subdivision 2, is amended to read:
1.7 		Subd. 2.Amount of aid. (a) A district is eligible to receive school readiness aid 
1.8 	for eligible prekindergarten pupils enrolled in a school readiness program under section 
1.9 	124D.15 if the biennial plan required by section 124D.15, subdivision 3a, has been 
1.10 	approved by the commissioner.
1.11 	(b) A district must receive school readiness aid equal to:
1.12 	(1) the number of four-year-old children in the district on October 1 for the previous 
1.13 	school year times the ratio of 50 percent of the total school readiness aid for that year to 
1.14 	the total number of four-year-old children reported to the commissioner for the previous 
1.15 	school year; plus
1.16 	(2) the number of pupils enrolled in the school district from families eligible for the 
1.17 	free or reduced school lunch program for the previous school year times the ratio of 
1.18 	50 percent of the total school readiness aid for that year to the total number of pupils 
1.19 	in the state from families eligible for the free or reduced school lunch program for the 
1.20 	previous school year.
1.21 	(c) For fiscal year 2015 2016 and later, the total school readiness aid entitlement 
1.22 	equals $12,170,000 $25,000,000.

1.23 	EFFECTIVE DATE. This section is effective for revenue for fiscal year 2016 
1.24 	and later.