1.1                          A bill for an act
  1.2             relating to education; increasing the general 
  1.3             education formula allowance; appropriating money; 
  1.4             amending Minnesota Statutes 1994, section 124A.22, 
  1.5             subdivision 2. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  Minnesota Statutes 1994, section 124A.22, 
  1.8   subdivision 2, is amended to read: 
  1.9      Subd. 2.  [BASIC REVENUE.] The basic revenue for each 
  1.10  district equals the formula allowance times the actual pupil 
  1.11  units for the school year.  ~~The formula allowance for fiscal~~ 
  1.12  ~~years 1993 and 1994 is $3,050.~~ The formula allowance for fiscal 
  1.13  year 1995 ~~and subsequent fiscal years~~ is $3,150.  The formula 
  1.14  allowance for fiscal year 1996 and subsequent fiscal years is 
  1.15  $3,530.