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MN HF2593
Bill
Status
Introduced
2/29/2012
Primary Sponsor
Andrew Falk
Click for details
AI Summary
- Modifies education finance law to allow school districts that end an academic pairing agreement lasting more than 15 years to receive sparsity revenue equal to the greater of current calculations or previous fiscal year's amount
- Extends existing sparsity revenue protections previously available only to districts closing school facilities to now include districts terminating long-term academic pairing agreements
- Requires school districts closing facilities to adopt a written resolution filed with the commissioner of education prior to the fiscal year aid is first requested
- Districts whose sparsity revenue is affected by closures in other districts are exempt from the resolution requirement
- Effective the day following final enactment and applies to sparsity revenue for fiscal years 2012 and later
Legislative Description
Sparsity revenue modified for a school district that has ended an academic pairing agreement.
Last Action
Introduction and first reading, referred to Education Finance
2/29/2012
Committee Referrals
Education Finance2/29/2012
Full Bill Text
No bill text available