1.1 A bill for an act 1.2 relating to education finance; establishing general education disparity aid; 1.3 appropriating money; proposing coding for new law in Minnesota Statutes, chapter 1.4 126C. 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. [126C.127] GENERAL EDUCATION DISPARITY AID. 1.7 (a) A school district's general education disparity aid allowance equals 0.37 times the 1.8greater of: 1.9 (1) zero; or 1.10 (2) the difference between: 1.11 (i) the amount of adjusted general education revenue per adjusted pupil unit for the 1.12district at or immediately below the 20th percentile of districts; and 1.13 (ii) the amount of adjusted general education revenue per adjusted pupil unit for the 1.14district. 1.15 (b) For fiscal year 2026 and later, a district's general education disparity aid equals its 1.16general education disparity aid allowance times the adjusted pupil units. 1.17 (c) For the purposes of this section, "adjusted general education revenue" includes the 1.18district's general education revenue under section 126C.10, subdivision 1, and referendum 1.19revenue under section 126C.17, subdivision 4. 1.20 EFFECTIVE DATE.This section is effective for revenue in fiscal year 2026 and later. 1Section 1. REVISOR CR/CH 25-0123702/25/25 State of Minnesota This Document can be made available in alternative formats upon request HOUSE OF REPRESENTATIVES H. F. No. 2056 NINETY-FOURTH SESSION Authored by Hudson and Kresha03/10/2025 The bill was read for the first time and referred to the Committee on Education Finance 2.1 Sec. 2. APPROPRIATIONS; GENERAL EDUCATION DISPARITY AID. 2.2 Subdivision 1.Department of Education.The sums indicated in this section are 2.3appropriated from the general fund to the Department of Education in the fiscal years 2.4designated. 2.5 Subd. 2.General education disparity aid.For general education disparity aid under 2.6Minnesota Statutes, section 126C.127: 2026............2.7 $ 2027............2.8 $ 2Sec. 2. REVISOR CR/CH 25-0123702/25/25