Bill Text: MN SF82 | 2013-2014 | 88th Legislature | Introduced


Bill Title: Independent school district #742, St. Cloud; onetime fund transfer authorization

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2013-01-22 - Referred to Finance [SF82 Detail]

Download: Minnesota-2013-SF82-Introduced.html

1.1A bill for an act
1.2relating to education finance; permitting a onetime fund transfer for Independent
1.3School District No. 742, St. Cloud.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5    Section 1. FUND TRANSFER; ST. CLOUD.
1.6Notwithstanding Minnesota Statutes, sections 123B.57; 123B.80; and 475.61,
1.7subdivision 4, on June 30, 2013, Independent School District No. 742, St. Cloud, may
1.8permanently transfer up to $650,000 from its building construction fund to its reserved for
1.9operating capital account without a corresponding levy adjustment in the debt service fund.
1.10EFFECTIVE DATE.This section is effective the day following final enactment.
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