Bill
Bill > HF4325
summary
Introduced
03/16/2026
03/16/2026
In Committee
03/16/2026
03/16/2026
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to education finance; authorizing a fund transfer for Independent School District No. 403, Ivanhoe.
AI Summary
This bill authorizes Independent School District No. 403, Ivanhoe, to move up to $68,000 from its early childhood family education reserve fund, which is part of its community service fund, to its general fund's undesignated balance. This transfer is permitted even though it might otherwise be restricted by certain state laws (Minnesota Statutes, sections 123B.79, 123B.80, or 142D.11, subdivision 9) and is scheduled to take place on June 30, 2026. The bill will become effective the day after it is officially passed into law.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Introduction and first reading, referred to Education Finance (on 03/16/2026)
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/94/2026/0/HF/4325/ |
| BillText | https://www.revisor.mn.gov/bills/94/2026/0/HF/4325/versions/0/pdf/ |
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