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MN HF4517

Bill

Official Source

Status

Introduced

3/23/2022

Primary Sponsor

Zack Stephenson

Click for details

Origin

House of Representatives

92nd Legislature 2021-2022

AI Summary

  • Increases the general education basic formula allowance for fiscal year 2023 and later from $6,863 to $7,206, representing a five percent increase
  • Amends Minnesota Statutes 2021 Supplement, section 126C.10, subdivision 2, regarding basic revenue calculations for school districts
  • Appropriates unspecified amount from the general fund in fiscal year 2023 to the Department of Education for additional general education aid
  • Maintains existing formula allowances of $6,567 for fiscal year 2021 and $6,728 for fiscal year 2022

Legislative Description

General education basic formula allowance increased by five percent, and money appropriated.

Last Action

Introduction and first reading, referred to Education Finance

3/23/2022

Committee Referrals

Education Finance3/23/2022

Full Bill Text

No bill text available