1.1 	A bill for an act
1.2 	relating to education finance; providing for supplemental aid for approved recovery 
1.3 	programs;amending Minnesota Statutes 2016, section 124D.695, by adding a 
1.4 	subdivision.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2016, section 124D.695, is amended by adding a subdivision 
1.7 	to read:
1.8 		Subd. 3.Supplemental recovery program aid. Supplemental recovery program aid 
1.9 	for an approved recovery program equals the greater of zero or:
1.10 	(1) $140,000; minus
1.11 	(2) $7,000 times the greater of (i) zero or (ii) the adjusted pupil units enrolled in the 
1.12 	supplemental recovery program minus 50.

1.13 	EFFECTIVE DATE. This section is effective for revenue in fiscal year 2018 and later.