1.1 	A bill for an act
1.2 	relating to education finance; permitting a onetime fund transfer for Independent 
1.3 	School District No. 742, St. Cloud.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. FUND TRANSFER; ST. CLOUD.
 1.6 	Notwithstanding Minnesota Statutes, sections 123B.57; 123B.80; and 475.61, 
1.7 	subdivision 4, on June 30, 2013, Independent School District No. 742, St. Cloud, may 
1.8 	permanently transfer up to $650,000 from its building construction fund to its reserved for 
1.9 	operating capital account without a corresponding levy adjustment in the debt service fund. 

1.10 	EFFECTIVE DATE. This section is effective the day following final enactment.