Loading chat...
MN SF4688
Bill
Status
Introduced
3/7/2024
Primary Sponsor
Mary Kunesh-Podein
Click for details
AI Summary
- Modifies Minnesota Statutes section 127A.51 to change the definition of "adjusted general revenue" used in education finance calculations
- Removes "equity revenue under section 126C.10, subdivisions 24a and 24b" and replaces it with "equity revenue under section 126C.10, subdivision 24"
- Requires the commissioner to estimate statewide average adjusted general revenue per pupil unit and measure disparity using the ratio of 95th to 5th percentile by December 1 annually
- Directs the commissioner to recommend legislative options to limit disparity growth if the ratio increases in any year, submitted by February 1
- Effective date is July 1, 2024
Legislative Description
Adjusted general revenue definition modification
Last Action
Second reading
4/2/2024
Committee Referrals
Education Finance3/7/2024
Full Bill Text
No bill text available