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MN HF4407

Bill

Official Source

Status

Introduced

3/11/2020

Primary Sponsor

Sondra Erickson

Click for details

Origin

House of Representatives

91st Legislature 2019-2020

AI Summary

  • Authorizes Independent School District No. 333, Ogilvie to permanently transfer up to $800,000 from its debt redemption fund to its undesignated general fund balance on June 30, 2021.
  • Transfer may occur without requiring a corresponding levy reduction, notwithstanding existing Minnesota Statutes sections 123B.79, 123B.80, and 475.61, subdivision 4.
  • Applies exclusively to ISD No. 333, Ogilvie as a one-time exception to state education finance rules.

Legislative Description

Independent School District No. 333, Ogilvie; fund transfer authorized.

Last Action

Joint rule 2.03 waived

5/4/2020

Committee Referrals

Ways and Means4/30/2020
Education Finance3/11/2020

Full Bill Text

No bill text available