Loading chat...
MN SF4106
Bill
Status
Introduced
2/22/2024
Primary Sponsor
Mary Kunesh-Podein
Click for details
AI Summary
- Amends Minnesota Statutes 2022, section 127A.33 to modify school endowment fund apportionment procedures
- Changes language from "shall" to "must" for the commissioner's apportionment of the school endowment fund semiannually on the first Monday in March and September
- Expands eligible recipients to explicitly include participating schools and American Indian schools as defined in section 124D.73, in addition to traditional school districts
- Maintains existing requirements that schools must be in session at least nine months and apportionment must be proportional to adjusted average daily membership
- Continues prohibition on apportioning funds for pupils whose tuition is received by the district or school
Legislative Description
School endowment fund apportionment modification
Last Action
Author added Oumou Verbeten
4/2/2024
Committee Referrals
Education Finance3/18/2024
Education Policy2/22/2024
Full Bill Text
No bill text available