1.1 	A bill for an act
1.2 	relating to education; increasing special education cross subsidy reduction aid;
1.3 	amending Minnesota Statutes 2023 Supplement, section 125A.76, subdivision 2e.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. Minnesota Statutes 2023 Supplement, section 125A.76, subdivision 2e, is 
1.6 	amended to read:
1.7 		Subd. 2e.Cross subsidy reduction aid. (a) A school district's annual cross subsidy 
1.8 	reduction aid equals the school district's initial special education cross subsidy for the 
1.9 	previous fiscal year times the cross subsidy aid factor for that fiscal year.
1.10 	(b) The cross subsidy aid factor equals 6.43 percent for fiscal year 2023; 44 percent for 
1.11 	fiscal ~~years~~ year 2024~~, 2025, and 2026~~; and 50 percent for fiscal year ~~2027~~ 2025 and later.