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MN HF4982
Bill
Status
3/18/2024
Primary Sponsor
Spencer Igo
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AI Summary
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Amends Minnesota's education finance law to include approved costs for historic school building preservation in long-term facilities maintenance revenue calculations for school districts.
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Defines "historic school building" as a building currently serving elementary or secondary students that was listed on the National Register of Historic Places as of January 1, 2024.
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Caps annual approved preservation costs at $200,000 per qualifying historic school building, subject to commissioner approval.
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Requires school districts to include historic building preservation plans in their facilities plans under subdivision 4 to qualify for the additional revenue.
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Provisions are effective for revenue in fiscal year 2026 and later.
Legislative Description
Additional long-term facilities maintenance revenue for historic school building preservation authorized.
Last Action
Introduction and first reading, referred to Education Finance
3/18/2024