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MN SF4306

Bill

Status

Introduced

3/12/2020

Primary Sponsor

Andrew Mathews

Click for details

Origin

Senate

91st Legislature 2019-2020

AI Summary

  • Independent School District No. 333, Ogilvie may permanently transfer up to $800,000 from its debt redemption fund to its undesignated general fund balance on June 30, 2021.

  • The transfer is permitted notwithstanding existing restrictions in Minnesota Statutes sections 123B.79, 123B.80, and 475.61, subdivision 4.

  • The school district is not required to make a corresponding levy reduction in connection with this transfer.

Legislative Description

Independent school district #333, Ogilvie; fund transfer authorization

Last Action

Referred to E-12 Finance and Policy

3/12/2020

Committee Referrals

E-12 Finance and Policy3/12/2020

Full Bill Text

No bill text available