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Bill > HF3371


MN HF3371

MN HF3371
Local optional revenue increased for school districts with limited referendum revenue authority, and money appropriated.


summary

Introduced
02/17/2026
In Committee
02/17/2026
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to education finance; increasing local optional revenue for school districts with limited referendum revenue authority; appropriating money; amending Minnesota Statutes 2024, section 126C.10, subdivision 2e.

AI Summary

This bill modifies how school districts in Minnesota can generate additional local revenue for education by increasing "local optional revenue," which is a type of funding school districts can access beyond their basic state funding. Specifically, it introduces a "third tier" of local optional revenue, allowing districts to collect more funds based on their "adjusted pupil units" (a measure of student enrollment) and their existing "operating referendum revenue" (funds approved by voters for specific operational needs). The bill also adjusts the formulas for calculating the "local optional levy," which is the amount a district can collect from property taxes for this optional revenue, and sets new thresholds for "referendum market value per resident pupil unit" (a measure of a district's property wealth relative to its student population) that determine how much of this optional revenue can be collected through levies. These changes are intended to benefit school districts with limited referendum revenue authority and are effective for revenue starting in fiscal year 2027, with an appropriation of funds to the Department of Education to cover the increased general education aid required by these changes.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Introduction and first reading, referred to Education Finance (on 02/17/2026)

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