Bill Text: MN HF916 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Revenue authorized to offset payments or pupil weight reductions related to student participation in postsecondary enrollment options.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2013-02-25 - Introduction and first reading, referred to Education Finance [HF916 Detail]
Download: Minnesota-2013-HF916-Introduced.html
1.2relating to education finance; authorizing revenue to offset payments or pupil
1.3weight reductions related to student participation in postsecondary enrollment
1.4options;amending Minnesota Statutes 2012, section 124D.09, by adding
1.5subdivisions.
1.6BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.7 Section 1. Minnesota Statutes 2012, section 124D.09, is amended by adding a
1.8subdivision to read:
1.9 Subd. 27. Postsecondary enrollment options replacement revenue. (a) A school
1.10district with fewer than 3,000 resident marginal cost pupil units, in which more than 20
1.11percent of students in grades 11 and 12 are enrolled in a postsecondary course under this
1.12section, is eligible for postsecondary enrollment options replacement revenue equal to the
1.13sum of the amounts determined under paragraphs (b) and (c).
1.14(b) Payments made under subdivision 16 by the district to eligible institutions for
1.15credits earned by pupils in grade 11 or 12 in the fiscal year ending in the year the levy is
1.16certified.
1.17(c) The product of:
1.18(1) the formula allowance for the fiscal year ending in the year the levy is certified
1.19minus $415;
1.20(2) 1.3; and
1.21(3) 1.00 minus the average daily membership calculated for postsecondary
1.22enrollment options pupils in grade 11 or 12 under section 126C.05, subdivision 13, for the
1.23fiscal year ending in the year the levy is certified.
2.1EFFECTIVE DATE.This section is effective for revenue beginning in fiscal year
2.22015.
2.3 Sec. 2. Minnesota Statutes 2012, section 124D.09, is amended by adding a subdivision
2.4to read:
2.5 Subd. 28. Postsecondary enrollment options replacement levy. To obtain
2.6postsecondary enrollment options replacement revenue for fiscal year 2015 and later, a
2.7district may levy an amount not more than the product of its postsecondary enrollment
2.8options replacement revenue for the fiscal year times the lesser of one or the ratio of
2.9its adjusted net tax capacity per resident marginal cost pupil unit to the postsecondary
2.10enrollment options replacement equalizing factor. The postsecondary enrollment options
2.11replacement equalizing factor equals $7,852.
2.12EFFECTIVE DATE.This section is effective for revenue in fiscal year 2015 and
2.13later.
2.14 Sec. 3. Minnesota Statutes 2012, section 124D.09, is amended by adding a subdivision
2.15to read:
2.16 Subd. 29. Postsecondary enrollment options replacement aid. A district's
2.17postsecondary enrollment options replacement aid equals its postsecondary enrollment
2.18options replacement revenue minus its postsecondary enrollment options replacement levy
2.19times the ratio of the actual amount levied to the permitted levy.
2.20EFFECTIVE DATE.This section is effective for taxes payable in 2014 and later.
1.3weight reductions related to student participation in postsecondary enrollment
1.4options;amending Minnesota Statutes 2012, section 124D.09, by adding
1.5subdivisions.
1.6BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.7 Section 1. Minnesota Statutes 2012, section 124D.09, is amended by adding a
1.8subdivision to read:
1.9 Subd. 27. Postsecondary enrollment options replacement revenue. (a) A school
1.10district with fewer than 3,000 resident marginal cost pupil units, in which more than 20
1.11percent of students in grades 11 and 12 are enrolled in a postsecondary course under this
1.12section, is eligible for postsecondary enrollment options replacement revenue equal to the
1.13sum of the amounts determined under paragraphs (b) and (c).
1.14(b) Payments made under subdivision 16 by the district to eligible institutions for
1.15credits earned by pupils in grade 11 or 12 in the fiscal year ending in the year the levy is
1.16certified.
1.17(c) The product of:
1.18(1) the formula allowance for the fiscal year ending in the year the levy is certified
1.19minus $415;
1.20(2) 1.3; and
1.21(3) 1.00 minus the average daily membership calculated for postsecondary
1.22enrollment options pupils in grade 11 or 12 under section 126C.05, subdivision 13, for the
1.23fiscal year ending in the year the levy is certified.
2.1EFFECTIVE DATE.This section is effective for revenue beginning in fiscal year
2.22015.
2.3 Sec. 2. Minnesota Statutes 2012, section 124D.09, is amended by adding a subdivision
2.4to read:
2.5 Subd. 28. Postsecondary enrollment options replacement levy. To obtain
2.6postsecondary enrollment options replacement revenue for fiscal year 2015 and later, a
2.7district may levy an amount not more than the product of its postsecondary enrollment
2.8options replacement revenue for the fiscal year times the lesser of one or the ratio of
2.9its adjusted net tax capacity per resident marginal cost pupil unit to the postsecondary
2.10enrollment options replacement equalizing factor. The postsecondary enrollment options
2.11replacement equalizing factor equals $7,852.
2.12EFFECTIVE DATE.This section is effective for revenue in fiscal year 2015 and
2.13later.
2.14 Sec. 3. Minnesota Statutes 2012, section 124D.09, is amended by adding a subdivision
2.15to read:
2.16 Subd. 29. Postsecondary enrollment options replacement aid. A district's
2.17postsecondary enrollment options replacement aid equals its postsecondary enrollment
2.18options replacement revenue minus its postsecondary enrollment options replacement levy
2.19times the ratio of the actual amount levied to the permitted levy.
2.20EFFECTIVE DATE.This section is effective for taxes payable in 2014 and later.
