| 1 | 1 | | 1.1 A bill for an act |
|---|
| 2 | 2 | | 1.2 relating to education finance; authorizing Independent School District No. 720, |
|---|
| 3 | 3 | | 1.3 Shakopee, to qualify under the long-term facilities maintenance revenue program |
|---|
| 4 | 4 | | 1.4 as a district eligible for alternative facilities revenue; amending Laws 1999, chapter |
|---|
| 5 | 5 | | 1.5 241, article 4, section 25, subdivision 3, as added. |
|---|
| 6 | 6 | | 1.6BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
|---|
| 7 | 7 | | 1.7 Section 1. Laws 1999, chapter 241, article 4, section 25, subdivision 3, as added by Laws |
|---|
| 8 | 8 | | 1.82011, First Special Session chapter 11, article 4, section 7, is amended to read: |
|---|
| 9 | 9 | | 1.9 Subd. 3.Independent School District No. 284, Wayzata; Independent School District |
|---|
| 10 | 10 | | 1.10No. 720, Shakopee.(a) Independent School District No. 284, Wayzata, is eligible for the |
|---|
| 11 | 11 | | 1.11alternative facilities revenue program under Minnesota Statutes 2011, section 123B.59, for |
|---|
| 12 | 12 | | 1.12the purposes of financing school facilities in the district. |
|---|
| 13 | 13 | | 1.13 (b) Notwithstanding any law to the contrary, beginning in fiscal year 2027, Independent |
|---|
| 14 | 14 | | 1.14School District No. 720, Shakopee, is a qualifying alternative facilities district for purposes |
|---|
| 15 | 15 | | 1.15of long-term facilities maintenance revenue under Minnesota Statutes, section 123B.595. |
|---|
| 16 | 16 | | 1.16 EFFECTIVE DATE.This section is effective for fiscal year 2027 and later. |
|---|
| 17 | 17 | | 1Section 1. |
|---|
| 18 | 18 | | REVISOR CR/HL 25-0496603/18/25 |
|---|
| 19 | 19 | | State of Minnesota |
|---|
| 20 | 20 | | This Document can be made available |
|---|
| 21 | 21 | | in alternative formats upon request |
|---|
| 22 | 22 | | HOUSE OF REPRESENTATIVES |
|---|
| 23 | 23 | | H. F. No. 2696 |
|---|
| 24 | 24 | | NINETY-FOURTH SESSION |
|---|
| 25 | 25 | | Authored by Tabke and Bakeberg03/24/2025 |
|---|
| 26 | 26 | | The bill was read for the first time and referred to the Committee on Education Finance |
|---|