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MN SF427
Bill
Status
Introduced
2/24/2011
Primary Sponsor
Dave Brown
Click for details
AI Summary
- Authorizes Independent School District No. 728 in Elk River to transfer up to 80 percent of its debt redemption fund balance to its general fund between July 1, 2011 and June 30, 2013.
- Permits these transfers without requiring a corresponding levy reduction, overriding standard Minnesota Statutes provisions that would normally restrict such transfers.
- Applies only to the balance existing on the date of the first transfer, limiting the total amount available for transfer.
- Takes effect the day after final enactment.
Legislative Description
Independent school district #728, Elk River; fund transfer authorization
Last Action
Referred to Education
2/24/2011
Committee Referrals
Education2/24/2011
Full Bill Text
No bill text available