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MN SF4103

Bill

Official Source

Status

Introduced

5/18/2018

Primary Sponsor

Steve Cwodzinski

Click for details

Origin

Senate

90th Legislature 2017-2018

AI Summary

  • School districts may permanently transfer commissioner-approved amounts from community education reserve fund balance to undesignated general fund on June 30, 2018, and June 30, 2019
  • Transfer authority overrides restrictions in Minnesota Statutes sections 123B.79, 123B.80, and 124D.20, subdivision 10
  • Districts must follow their board's fund balance policy when making transfers unless funds are used for eligible purposes under Minnesota Statutes section 124D.18
  • School districts requesting transfers must apply using the form and process specified by the commissioner of education
  • Provision becomes effective the day following final enactment

Legislative Description

Community service fund transfers authorization

Last Action

Author added Dziedzic

5/19/2018

Committee Referrals

E-12 Finance5/18/2018

Full Bill Text

No bill text available