Bill Text: MN HF1006 | 2011-2012 | 87th Legislature | Introduced
Bill Title: School district operating referenda seasonal recreational equalizing component created.
Sponsorship: Bipartisan Bill
Status: (Introduced - Dead) 2011-04-04 - Author added Nornes [HF1006 Detail]
Download: Minnesota-2011-HF1006-Introduced.html
1.2relating to education finance; creating a seasonal recreational equalizing
1.3component to certain operating referenda;amending Minnesota Statutes 2010,
1.4section 126C.17, by adding subdivisions.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2010, section 126C.17, is amended by adding a
1.7subdivision to read:
1.8 Subd. 14. Seasonal recreational property equalization. (a) A school district
1.9is eligible for additional seasonal recreational equalization aid computed under this
1.10subdivision.
1.11(b) A district's seasonal recreational equalization aid equals the district's initial
1.12referendum levy computed under subdivisions 6 and 8 minus the lesser of: (1) 50 percent
1.13of the amount of the district's per pupil referendum revenue; or (2) the amount of the
1.14district's seasonal recreational local share revenue. In no case may the total seasonal
1.15recreational equalization aid exceed $250 per pupil unit.
1.16EFFECTIVE DATE.This section is effective for revenue for fiscal years 2013
1.17and later.
1.18 Sec. 2. Minnesota Statutes 2010, section 126C.17, is amended by adding a subdivision
1.19to read:
1.20 Subd. 15. Seasonal recreational local share revenue. A district's seasonal
1.21recreational local share revenue equals 50 percent of the total amount levied in the
1.22previous taxes payable year under section 275.025 on seasonal recreational property
1.23within the district.
2.1EFFECTIVE DATE.This section is effective for revenue for fiscal years 2013
2.2and later.
2.3 Sec. 3. Minnesota Statutes 2010, section 126C.17, is amended by adding a subdivision
2.4to read:
2.5 Subd. 16. Net referendum levy. A district's net referendum levy equals the district's
2.6initial referendum levy under subdivisions 6 and 8 less the amount of seasonal recreational
2.7equalization aid provided under subdivision 14.
2.8EFFECTIVE DATE.This section is effective for revenue for fiscal years 2013
2.9and later.
1.3component to certain operating referenda;amending Minnesota Statutes 2010,
1.4section 126C.17, by adding subdivisions.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2010, section 126C.17, is amended by adding a
1.7subdivision to read:
1.8 Subd. 14. Seasonal recreational property equalization. (a) A school district
1.9is eligible for additional seasonal recreational equalization aid computed under this
1.10subdivision.
1.11(b) A district's seasonal recreational equalization aid equals the district's initial
1.12referendum levy computed under subdivisions 6 and 8 minus the lesser of: (1) 50 percent
1.13of the amount of the district's per pupil referendum revenue; or (2) the amount of the
1.14district's seasonal recreational local share revenue. In no case may the total seasonal
1.15recreational equalization aid exceed $250 per pupil unit.
1.16EFFECTIVE DATE.This section is effective for revenue for fiscal years 2013
1.17and later.
1.18 Sec. 2. Minnesota Statutes 2010, section 126C.17, is amended by adding a subdivision
1.19to read:
1.20 Subd. 15. Seasonal recreational local share revenue. A district's seasonal
1.21recreational local share revenue equals 50 percent of the total amount levied in the
1.22previous taxes payable year under section 275.025 on seasonal recreational property
1.23within the district.
2.1EFFECTIVE DATE.This section is effective for revenue for fiscal years 2013
2.2and later.
2.3 Sec. 3. Minnesota Statutes 2010, section 126C.17, is amended by adding a subdivision
2.4to read:
2.5 Subd. 16. Net referendum levy. A district's net referendum levy equals the district's
2.6initial referendum levy under subdivisions 6 and 8 less the amount of seasonal recreational
2.7equalization aid provided under subdivision 14.
2.8EFFECTIVE DATE.This section is effective for revenue for fiscal years 2013
2.9and later.
