MN HF3503

Authorizes school districts to levy taxes to pay costs attributable to increases in employer contribution rates for pension plans under chapters 353 and in employer contribution rates under chapters 354 or 354A.

Applies to employer contribution rate increases that are effective after December 31, 2009.

Effective July 1, 2010, and applies to levies payable in 2011 and thereafter.

Amends Minnesota Statutes 2008, section 126C.41, by adding Subdivision 7.