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Bill > HF4117
MN HF4117
MN HF4117Local optional revenue modified, revenue for unemployment costs and family paid medical leave included in local optional revenue, referendum revenue simplified, equalization aid increased, and money appropriated.
summary
Introduced
02/22/2024
02/22/2024
In Committee
02/22/2024
02/22/2024
Crossed Over
Passed
Dead
05/20/2024
05/20/2024
Introduced Session
93rd Legislature 2023-2024
Bill Summary
A bill for an act relating to education finance; modifying local optional revenue; including revenue for unemployment costs and family paid medical leave in local optional revenue; simplifying referendum revenue; increasing equalization aid; appropriating money; amending Minnesota Statutes 2022, sections 126C.10, by adding subdivisions; 126C.17, subdivisions 1, 5, 6, 7; Minnesota Statutes 2023 Supplement, section 126C.10, subdivision 2e; Laws 2023, chapter 55, article 1, section 36, subdivision 2; repealing Minnesota Statutes 2022, section 126C.17, subdivision 8; Minnesota Statutes 2023 Supplement, sections 124D.995; 126C.43, subdivision 2.
AI Summary
This bill modifies local optional revenue for school districts. For fiscal year 2025 and later, a district's local optional revenue will be a combination of a base amount, the district's unemployment insurance costs, and the district's paid family and medical leave expenses. The bill also simplifies the calculation of referendum revenue, increases equalization aid, and appropriates money for general education aid.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Author added Brand (on 04/02/2024)
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=HF4117&ssn=0&y=2023 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=HF4117&version=0&session=ls93&session_year=2024&session_number=0&format=pdf |
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