HB 5399 Summary

• Changes fiscal year appropriations from 2020 to 2021 for public schools and education-related state purposes under the State School Aid Act of 1979.

• Replaces specific dollar amounts with blank lines for appropriations from the state school aid fund, general fund, and community district education trust fund, allowing amounts to be filled in later.

• Removes appropriations from the MPSERS retirement obligation reform reserve fund ($1,900,000) and water emergency reserve fund ($100) that were previously scheduled.

• Modifies language in payment distribution provisions by changing "shall" to "must" in sections regarding installment payments and grant distributions to districts and intermediate districts.

• Clarifies that advance fund releases to districts require written concurrence from the state treasurer and state budget director and cannot exceed 30 days earlier than the established payment date.