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MN SF3243

Bill

Official Source

Status

Introduced

3/15/2010

Primary Sponsor

Leo Foley

Click for details

Origin

Senate

86th Legislature 2009-2010

AI Summary

  • School districts may permanently transfer funds between any accounts or funds on June 30, 2011, provided the transfer does not increase state aid obligations or grant additional levy authority.
  • Transfers within or from the debt redemption fund are prohibited.
  • School boards must hold a public meeting and adopt a written resolution before authorizing any fund or account transfers.
  • The provision takes effect July 1, 2010.

Legislative Description

School district money transfer among funds and accounts authorization

Last Action

Senate: Introduction and first reading

3/15/2010

Committee Referrals

Finance3/15/2010

Full Bill Text

No bill text available