Minnesota 2025-2026 Regular Session

Minnesota Senate Bill SF880 Compare Versions

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11 1.1 A bill for an act​
22 1.2 relating to education finance; establishing the funding for success incentive aid​
33 1.3 program; appropriating money; proposing coding for new law in Minnesota​
44 1.4 Statutes, chapter 124D.​
55 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
66 1.6 Section 1. [124D.701] FUNDING FOR SUCCESS INCENTIVE AID PROGRAM.​
77 1.7 Subdivision 1.Funding for success program establishment.The funding for success​
88 1.8program is established to provide outcome-based incentive aid to schools that demonstrate​
99 1.9success through metrics on graduation rates and recent graduate enrollment success rates.​
1010 1.10 Subd. 2.Metrics for success.(a) "Graduation rate multiplier" is determined by the​
1111 1.11percentage above 90 percent of students at a school who meet graduation requirements​
1212 1.12under section 120B.02, subdivision 2. Graduation rate data must be measured for the two​
1313 1.13preceding academic years. Each percentage point above 90 percent is worth a 0.1 multiplier,​
1414 1.14with a 90 percent graduation rate being zero and 100 percent graduation rate being one.​
1515 1.15 (b) "Recent graduate enrollment success rate multiplier" is determined by the percentage​
1616 1.16of a school's recent graduates who are enrolled in a public college or university with in-state​
1717 1.17tuition status who are not taking any remedial academic courses. Recent graduates are​
1818 1.18students who graduated in the two preceding academic years. Recent graduate enrollment​
1919 1.19success data must be measured for the two preceding academic years. Each percentage point​
2020 1.20above 90 percent is worth a 0.1 multiplier, with a 90 percent recent graduate enrollment​
2121 1.21rate without any remedial academic courses being zero and 100 percent graduation rate​
2222 1.22being one.​
2323 1​Section 1.​
2424 25-01841 as introduced​01/08/25 REVISOR CR/KR​
2525 SENATE​
2626 STATE OF MINNESOTA​
2727 S.F. No. 880​NINETY-FOURTH SESSION​
2828 (SENATE AUTHORS: DUCKWORTH, Coleman, Hoffman, Kreun and Abeler)​
2929 OFFICIAL STATUS​D-PG​DATE​
3030 Introduction and first reading​02/03/2025​
3131 Referred to Education Finance​ 2.1 Subd. 3.Funding for success.(a) A school's funding for success incentive aid for fiscal​
3232 2.2year 2026 and later equals the ratio of:​
3333 2.3 (1) the product of: (i) the sum of the graduation rate multiplier under subdivision 2,​
3434 2.4paragraph (a), plus the recent graduate enrollment success rate multiplier under subdivision​
3535 2.52, paragraph (b); times (ii) the total enrollment of the school; and​
3636 2.6 (2) the total amount of funding for success incentive aid available to all schools.​
3737 2.7 (b) A school that does not meet either metric in subdivision 2 for having a graduation​
3838 2.8rate multiplier or recent graduate enrollment success rate multiplier above zero may not​
3939 2.9receive any funding for success incentive aid.​
4040 2.10 Sec. 2. APPROPRIATION.​
4141 2.11 Subdivision 1.Department of Education.The sums indicated in this section are​
4242 2.12appropriated from the general fund to the Department of Education for the fiscal years​
4343 2.13designated.​
4444 2.14 Subd. 2.Funding for success incentive aid.(a) For funding for success incentive aid​
4545 2.15under Minnesota Statutes, section 124D.701:​
4646 2026​.....​.......​2.16 $​
4747 2027​.....​.......​2.17 $​
4848 2.18 (b) The base for fiscal year 2028 is $.......​
4949 2.19 EFFECTIVE DATE.This section is effective for the 2026-2027 school year and later.​
5050 2​Sec. 2.​
5151 25-01841 as introduced​01/08/25 REVISOR CR/KR​