1.1 	A bill for an act
1.2 	relating to education finance; establishing general education disparity aid; 
1.3 	appropriating money;proposing coding for new law in Minnesota Statutes, chapter 
1.4 	126C.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. [126C.127] GENERAL EDUCATION DISPARITY AID.
1.7 	(a) A school district's general education disparity aid allowance equals 0.37 times the 
1.8 	greater of:
1.9 	(1) zero; or
1.10 	(2) the difference between:
1.11 	(i) the amount of adjusted general education revenue per adjusted pupil unit for the 
1.12 	district at or immediately below the 20th percentile of districts; and
1.13 	(ii) the amount of adjusted general education revenue per adjusted pupil unit for the 
1.14 	district.
1.15 	(b) For fiscal year 2025 and later, a district's general education disparity aid equals its 
1.16 	general education disparity aid allowance times the adjusted pupil units.
1.17 	(c) For the purposes of this section, "adjusted general education revenue" includes the 
1.18 	district's general education revenue under section 126C.10, subdivision 1, and referendum 
1.19 	revenue under section 126C.17, subdivision 4.

1.20 	EFFECTIVE DATE. This section is effective for revenue in fiscal year 2025 and later.

2.1 	Sec. 2. APPROPRIATION; GENERAL EDUCATION DISPARITY AID.
 2.2 		Subdivision 1.Department of Education.  The sum indicated in this section is 
2.3 	appropriated from the general fund to the Department of Education in the fiscal year 
2.4 	designated.
2.5 		Subd. 2.General education disparity aid. For general education disparity aid under 
2.6 	Minnesota Statutes, section 126C.127:

2.7 | | $ | ....... | ..... | 2025