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123B.54 DEBT SERVICE APPROPRIATION.

(a) The amount necessary to make debt service equalization aid payments under sections 123B.53 and 123B.535 is annually appropriated from the general fund to the commissioner of education.

(b) The appropriations in paragraph (a) must be reduced by the amount of any money specifically appropriated for the same purpose in any year from any state fund.

NOTE: This amendment to this section by Laws 2014, chapter 312, article 18, section 6, is effective for revenue for fiscal year 2017 and later. Laws 2014, chapter 312, article 18, section 6, the effective date.

Official Publication of the State of Minnesota
Revisor of Statutes