Minnesota 2025-2026 Regular Session

Minnesota Senate Bill SF1460 Latest Draft

Bill / Introduced Version Filed 02/13/2025

                            1.1	A bill for an act​
1.2 relating to education finance; authorizing a school district to reauthorize a capital​
1.3 projects referendum by board action; amending Minnesota Statutes 2024, section​
1.4 123B.63, subdivision 3.​
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.6 Section 1. Minnesota Statutes 2024, section 123B.63, subdivision 3, is amended to read:​
1.7 Subd. 3.Capital project levy referendum.(a) A district may levy the local tax rate​
1.8approved by a majority of the electors voting on the question to provide funds for an approved​
1.9project. The election must take place no more than five years before the estimated date of​
1.10commencement of the project. The referendum must be held on a date authorized by section​
1.11205A.05, subdivision 1a. A district must meet the requirements of section 123B.71 for​
1.12projects funded under this section. If a review and comment is required under section​
1.13123B.71, subdivision 8, a referendum for a project not receiving a positive review and​
1.14comment by the commissioner must be approved by at least 60 percent of the voters at the​
1.15election.​
1.16 (b) The referendum may be called by the school board and may be held:​
1.17 (1) separately, before an election for the issuance of obligations for the project under​
1.18chapter 475; or​
1.19 (2) in conjunction with an election for the issuance of obligations for the project under​
1.20chapter 475; or​
1​Section 1.​
25-01887 as introduced​01/07/25 REVISOR CR/MI​
SENATE​
STATE OF MINNESOTA​
S.F. No. 1460​NINETY-FOURTH SESSION​
(SENATE AUTHORS: MAYE QUADE, Kunesh, Duckworth and Cwodzinski)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​02/17/2025​
Referred to Education Finance​ 2.1 (3) notwithstanding section 475.59, as a conjunctive question authorizing both the capital​
2.2project levy and the issuance of obligations for the project under chapter 475. Any obligations​
2.3authorized for a project may be issued within five years of the date of the election.​
2.4 (c) The ballot must provide a general description of the proposed project, state the​
2.5estimated total cost of the project, state whether the project has received a positive or negative​
2.6review and comment from the commissioner, state the maximum amount of the capital​
2.7project levy as a percentage of net tax capacity, state the amount that will be raised by that​
2.8local tax rate in the first year it is to be levied, and state the maximum number of years that​
2.9the levy authorization will apply.​
2.10 The ballot must contain a textual portion with the information required in this section​
2.11and a question stating substantially the following:​
2.12 "Shall the capital project levy proposed by the board of .......... School District No. ..........​
2.13be approved?"​
2.14 If approved, the amount provided by the approved local tax rate applied to the net tax​
2.15capacity for the year preceding the year the levy is certified may be certified for the number​
2.16of years, not to exceed ten, approved.​
2.17 (d) If the district proposes a new capital project to begin at the time the existing capital​
2.18project expires and at the same maximum tax rate, the general description on the ballot may​
2.19state that the capital project levy is being renewed and that the tax rate is not being increased​
2.20from the previous year's rate. An election to renew authority under this paragraph may be​
2.21called at any time that is otherwise authorized by this subdivision. The ballot notice required​
2.22under section 275.60 may be modified to read:​
2.23 "BY VOTING YES ON THIS BALLOT QUESTION, YOU ARE VOTING TO RENEW​
2.24AN EXISTING CAPITAL PROJECTS REFERENDUM THAT IS SCHEDULED TO​
2.25EXPIRE."​
2.26 (e) In the event a conjunctive question proposes to authorize both the capital project​
2.27levy and the issuance of obligations for the project, appropriate language authorizing the​
2.28issuance of obligations must also be included in the question.​
2.29 (f) Notwithstanding the election requirements of this subdivision, a school board may​
2.30renew an expiring capital projects referendum by board action if:​
2.31 (1) the annual amount of the referendum is the same as the amount expiring;​
2.32 (2) the term of the renewed capital projects referendum is no longer than the initial term​
2.33approved by the voters;​
2​Section 1.​
25-01887 as introduced​01/07/25 REVISOR CR/MI​ 3.1 (3) the school board, having taken a recorded vote, has adopted a written resolution​
3.2authorizing the renewal after holding a meeting and allowing public testimony on the​
3.3proposed renewal; and​
3.4 (4) the expiring capital projects referendum has not been previously renewed by board​
3.5action.​
3.6 (g) The resolution authorized in paragraph (f) must be adopted by the school board no​
3.7later than June 15 of the year the renewed capital levy is first certified and becomes effective​
3.860 days after its adoption. A referendum expires in the last fiscal year in which the​
3.9referendum generates revenue for the school district. A school board may renew an expiring​
3.10capital projects referendum under this subdivision not more than two fiscal years before the​
3.11referendum expires. A district renewing an expiring capital projects referendum under this​
3.12subdivision must submit a copy of the adopted resolution to the commissioner and to the​
3.13county auditor no later than September 1 of the calendar year in which the written resolution​
3.14is adopted.​
3.15 (f) (h) The district must notify the commissioner of the results of the referendum.​
3.16 EFFECTIVE DATE.This section is effective the day following final enactment.​
3​Section 1.​
25-01887 as introduced​01/07/25 REVISOR CR/MI​