1 | 1 | | 1.1 A bill for an act |
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2 | 2 | | 1.2 relating to education finance; establishing the funding for success incentive aid |
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3 | 3 | | 1.3 program; appropriating money; proposing coding for new law in Minnesota |
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4 | 4 | | 1.4 Statutes, chapter 124D. |
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5 | 5 | | 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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6 | 6 | | 1.6 Section 1. [124D.701] FUNDING FOR SUCCESS INCENTIVE AID PROGRAM. |
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7 | 7 | | 1.7 Subdivision 1.Funding for success program establishment.The funding for success |
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8 | 8 | | 1.8program is established to provide outcome-based incentive aid to schools that demonstrate |
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9 | 9 | | 1.9success through metrics on graduation rates and recent graduate enrollment success rates. |
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10 | 10 | | 1.10 Subd. 2.Metrics for success.(a) "Graduation rate multiplier" is determined by the |
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11 | 11 | | 1.11percentage above 90 percent of students at a school who meet graduation requirements |
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12 | 12 | | 1.12under section 120B.02, subdivision 2. Graduation rate data must be measured for the two |
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13 | 13 | | 1.13preceding academic years. Each percentage point above 90 percent is worth a 0.1 multiplier, |
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14 | 14 | | 1.14with a 90 percent graduation rate being zero and 100 percent graduation rate being one. |
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15 | 15 | | 1.15 (b) "Recent graduate enrollment success rate multiplier" is determined by the percentage |
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16 | 16 | | 1.16of a school's recent graduates who are enrolled in a public college or university with in-state |
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17 | 17 | | 1.17tuition status who are not taking any remedial academic courses. Recent graduates are |
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18 | 18 | | 1.18students who graduated in the two preceding academic years. Recent graduate enrollment |
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19 | 19 | | 1.19success data must be measured for the two preceding academic years. Each percentage point |
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20 | 20 | | 1.20above 90 percent is worth a 0.1 multiplier, with a 90 percent recent graduate enrollment |
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21 | 21 | | 1.21rate without any remedial academic courses being zero and 100 percent graduation rate |
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22 | 22 | | 1.22being one. |
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23 | 23 | | 1Section 1. |
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24 | 24 | | REVISOR CR/KR 25-0184101/08/25 |
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25 | 25 | | State of Minnesota |
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26 | 26 | | This Document can be made available |
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27 | 27 | | in alternative formats upon request |
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28 | 28 | | HOUSE OF REPRESENTATIVES |
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29 | 29 | | H. F. No. 274 |
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30 | 30 | | NINETY-FOURTH SESSION |
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31 | 31 | | Authored by Quam01/23/2025 |
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32 | 32 | | The bill was read for the first time and referred to the Committee on Education Finance 2.1 Subd. 3.Funding for success.(a) A school's funding for success incentive aid for fiscal |
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33 | 33 | | 2.2year 2026 and later equals the ratio of: |
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34 | 34 | | 2.3 (1) the product of: (i) the sum of the graduation rate multiplier under subdivision 2, |
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35 | 35 | | 2.4paragraph (a), plus the recent graduate enrollment success rate multiplier under subdivision |
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36 | 36 | | 2.52, paragraph (b); times (ii) the total enrollment of the school; and |
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37 | 37 | | 2.6 (2) the total amount of funding for success incentive aid available to all schools. |
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38 | 38 | | 2.7 (b) A school that does not meet either metric in subdivision 2 for having a graduation |
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39 | 39 | | 2.8rate multiplier or recent graduate enrollment success rate multiplier above zero may not |
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40 | 40 | | 2.9receive any funding for success incentive aid. |
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41 | 41 | | 2.10 Sec. 2. APPROPRIATION. |
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42 | 42 | | 2.11 Subdivision 1.Department of Education.The sums indicated in this section are |
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43 | 43 | | 2.12appropriated from the general fund to the Department of Education for the fiscal years |
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44 | 44 | | 2.13designated. |
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45 | 45 | | 2.14 Subd. 2.Funding for success incentive aid.(a) For funding for success incentive aid |
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46 | 46 | | 2.15under Minnesota Statutes, section 124D.701: |
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47 | 47 | | 2026............2.16 $ |
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48 | 48 | | 2027............2.17 $ |
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49 | 49 | | 2.18 (b) The base for fiscal year 2028 is $....... |
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50 | 50 | | 2.19 EFFECTIVE DATE.This section is effective for the 2026-2027 school year and later. |
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51 | 51 | | 2Sec. 2. |
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52 | 52 | | REVISOR CR/KR 25-0184101/08/25 |
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