1.1 	A bill for an act
1.2 	relating to education finance; authorizing a discretionary levy for school districts;
1.3 	proposing coding for new law in Minnesota Statutes, chapter 126C.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. [126C.155] DISCRETIONARY LEVY.
1.6 	In any year that the general education formula allowance under section 126C.10, 
1.7 	subdivision 2, has not been increased, a school board, after a hearing called for that 
1.8 	purpose, may adopt a resolution prior to August 1 authorizing a discretionary levy in an 
1.9 	amount not to exceed $200 times the district's pupil units for that year. The amount of 
1.10 	the levy authority adopted by the board must be spread against the net tax capacity of 
1.11 	the school district.

1.12 	EFFECTIVE DATE. This section is effective for fiscal years 2012 and later.