Bill
Bill > HF2117
MN HF2117
Independent School District No. 191, Burnsville-Eagan-Savage; fund transfer authorized.
summary
Introduced
03/11/2021
03/11/2021
In Committee
03/11/2021
03/11/2021
Crossed Over
Passed
Dead
05/23/2022
05/23/2022
Introduced Session
92nd Legislature 2021-2022
Bill Summary
A bill for an act relating to education finance; authorizing a fund transfer for Independent School District No. 191, Burnsville-Eagan-Savage.
AI Summary
This bill authorizes Independent School District No. 191, Burnsville-Eagan-Savage, to transfer any remaining net proceeds from the lease of real property that is not needed for school purposes, as well as any remaining proceeds from the sale or exchange of school buildings or real property specifically identified in the district's open facilities action plan, to the district's general unrestricted fund. This is a departure from the typical requirement that such proceeds be deposited in the debt retirement fund. The bill aims to provide the school district with additional financial flexibility in managing its resources.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
House Education Finance (10:30 3/1/2022 ) (on 03/01/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF2117&ssn=0&y=2021 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=HF2117&version=0&session=ls92&session_year=2021&session_number=0&format=pdf |
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