1.1                          A bill for an act 
  1.2             relating to education; amending certain kindergarten 
  1.3             through grade 12 provisions; amending Minnesota 
  1.4             Statutes 2001 Supplement, section 126C.17, subdivision 
  1.5             1; repealing Laws 2001, First Special Session chapter 
  1.6             6, article 1, section 31. 
  1.7   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.8      Section 1.  Minnesota Statutes 2001 Supplement, section 
  1.9   126C.17, subdivision 1, is amended to read: 
  1.10     Subdivision 1.  [REFERENDUM ALLOWANCE.] (a) For fiscal year 
  1.11  2002, a district's referendum revenue allowance equals the sum 
  1.12  of the allowance under section 126C.16, subdivision 2 3, plus 
  1.13  any additional allowance per resident marginal cost pupil unit 
  1.14  authorized under subdivision 9 for fiscal year 2002. 
  1.15     (b) For fiscal year 2003 and later, a district's initial 
  1.16  referendum revenue allowance equals the sum of the allowance 
  1.17  under section 126C.16, subdivision 2 3, plus any additional 
  1.18  allowance per resident marginal cost pupil unit authorized under 
  1.19  subdivision 9 before May 1, 2001, for fiscal year 2002 and 
  1.20  later, plus the referendum conversion allowance approved under 
  1.21  subdivision 13, minus $415.  For districts with more than one 
  1.22  referendum authority, the reduction must be computed separately 
  1.23  for each authority.  The reduction must be applied first to the 
  1.24  referendum conversion allowance and next to the authority with 
  1.25  the earliest expiration date.  A district's initial referendum 
  1.26  revenue allowance may not be less than zero. 
  2.1      (c) For fiscal year 2003 and later, a district's referendum 
  2.2   revenue allowance equals the initial referendum allowance plus 
  2.3   any additional allowance per resident marginal cost pupil unit 
  2.4   authorized under subdivision 9 after April 30, 2001, for fiscal 
  2.5   year 2003 and later. 
  2.6      Sec. 2.  [REPEALER.] 
  2.7      Laws 2001, First Special Session chapter 6, article 1, 
  2.8   section 31, is repealed retroactive to July 1, 2001.