SF2781 Summary

• Requires schools determined eligible for and notified of the alternative compensation revenue program to receive alternative compensation funding for implementing alternative teacher professional pay systems.

• Schools that received alternative teacher compensation aid in the previous fiscal year must receive at least the lesser amount of their prior year aid or current year qualification amount if they submit a timely application and continue implementing an approved system.

• Schools with an approved application and written commissioner notice that they qualify for first-year alternative compensation revenue must receive funding according to section 127A.41, subdivision 2.

• Authorizes the commissioner to transfer necessary funds from the Department of Education's annual operating budget to make alternative compensation revenue payments if standard error correction procedures cannot resolve distribution errors.

• Appropriates $21,246,000 for fiscal year 2016 and $21,973,000 for fiscal year 2017 to the Department of Education, with provisions allowing budget transfers to ensure eligible schools receive alternative compensation funding.