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MN SF101
Bill
Status
1/9/2023
Primary Sponsor
Matt Klein
Click for details
AI Summary
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Amends Minnesota Statutes 2022, section 126C.17, subdivision 6 to increase referendum equalization aid for special school districts located wholly outside the boundaries of a city of the first class.
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Changes the referendum equalization levy calculation for qualifying special school districts to use a $1,000,000 market value per resident pupil unit threshold instead of the standard $567,000 and $290,000 thresholds.
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Appropriates $1,973,000 from the general fund to the Department of Education for fiscal year 2024.
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Appropriates $1,521,000 from the general fund to the Department of Education for fiscal year 2025.
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Effective for revenue starting in fiscal year 2024 and later.
Legislative Description
Referendum equalization aid increase for certain special schools
Last Action
Referred to Education Finance
1/9/2023