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MN SF1254

Bill

Official Source

Status

Introduced

2/10/2025

Primary Sponsor

Susan Pha

Click for details

Origin

Senate

94th Legislature 2025-2026

AI Summary

  • Increases the total local optional revenue allowance for school districts from $724 to $920 per adjusted pupil unit beginning in fiscal year 2028
  • Maintains the current $724 allowance for fiscal years 2026 and 2027
  • Creates an automatic inflation adjustment starting in FY2028 by indexing the allowance to the formula allowance, ensuring it grows proportionally with the basic funding formula
  • First tier local optional revenue remains fixed at $300 per pupil; second tier increases from $424 to $620 per pupil (calculated as total minus first tier)
  • Effective date is July 1, 2025

Legislative Description

School district local optional revenue increase

Last Action

Referred to Education Finance

2/10/2025

Committee Referrals

Education Finance2/10/2025

Full Bill Text

No bill text available