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