1999 Minnesota Statutes

     123B.64 Historic building revenue. 

    Subdivision 1.    Eligibility.  A district that 
 maintains a school building listed on the National Register of 
 Historic Places is eligible for historic building revenue. 

    Subd. 2.    Revenue.  A district's historic building 
 revenue is equal to $100 times the number of resident pupil 
 units served in the school building. 

    Subd. 3.    Levy.  To obtain historic building revenue, 
 a district may levy an amount, not to exceed the district's 
 revenue, equal to the district's revenue authority for that year 
 times the lesser of one or the ratio of the adjusted net tax 
 capacity divided by its resident pupil units for that school 
 year to $10,000. 

    Subd. 4. Repealed, 1999 c 241 art 4 s 29 

    HIST: 1Sp1997 c 4 art 4 s 16; 1998 c 397 art 7 s 164; art 11 s 
 3 

*   NOTE:  Subdivisions 1, 2, and 3, are repealed effective for 
*revenue for fiscal year 2001.  Laws 1999, chapter 241, article 
*4, section 29.