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MN HF576

Bill

Official Source

Status

Engrossed

3/14/2011

Primary Sponsor

Tim Kelly

Click for details

Origin

House of Representatives

87th Legislature 2011-2012

AI Summary

  • Repeals Minnesota Statutes 2010, section 127A.46, which relates to short-term borrowing
  • Modifies payment procedures to school districts as part of education finance reform
  • Eliminates the statutory authority for short-term borrowing mechanisms in the education finance system
  • Effective upon enactment with no delayed implementation date specified

Legislative Description

Short-term borrowing repealed by modifying payment to districts.

Last Action

General Orders: Stricken and re-referred to Finance

3/21/2011

Committee Referrals

Finance3/21/2011
Education3/14/2011
Ways and Means2/24/2011
Education Finance2/17/2011

Full Bill Text

No bill text available