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MN HF4982

Bill

Status

Introduced

3/18/2024

Primary Sponsor

Spencer Igo

Click for details

Origin

House of Representatives

93rd Legislature 2023-2024

AI Summary

  • 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.

  • 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.

  • Caps annual approved preservation costs at $200,000 per qualifying historic school building, subject to commissioner approval.

  • Requires school districts to include historic building preservation plans in their facilities plans under subdivision 4 to qualify for the additional revenue.

  • 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

Committee Referrals

Education Finance3/18/2024

Full Bill Text

No bill text available