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MN HF53

MN HF53
Education finance; transportation sparsity revenue percent amended.


summary

Introduced
02/10/2025
In Committee
02/10/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to education finance; amending the transportation sparsity revenue percent; amending Minnesota Statutes 2024, section 126C.10, subdivision 18a.

AI Summary

This bill amends Minnesota's education finance law by modifying the transportation sparsity revenue calculation for school districts. Specifically, the bill increases the percentage used to calculate additional transportation funding from 35 percent to 70 percent. Under the revised law, school districts will receive more revenue to offset their transportation costs by comparing their total transportation expenses to a formula that considers their basic revenue, existing transportation aids, and other transportation-related reimbursements. The increased percentage means districts will be able to recover a larger portion of their transportation expenses, potentially providing more financial support for schools with sparse or geographically dispersed student populations. The changes will take effect for fiscal year 2026 and subsequent years, giving school districts advance notice of the new funding calculation method. This adjustment aims to provide more robust financial support for school transportation, particularly in areas with higher transportation challenges due to geographic spread or lower student density.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Hearing (13:00:00 2/18/2025 ) (on 02/18/2025)

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