Minnesota SF 4184: Local optional revenue modifications, unemployment costs and family paid medical leave in local optional revenue inclusion, referendum revenue simplification, equalization aid increase, and appropriating money

Status: Referred to Education Finance (as of 2024-02-26)

State: Minnesota · Session: 2023-2024 · Bill: SF 4184

Subjects: Education and Education Department, Taxation

Sponsors: Gustafson, Abeler, Klein, Kreun, Kupec

Bill Text

1.1 A bill for an act
1.2 relating to education finance; modifying local optional revenue; including revenue
1.3 for unemployment costs and family paid medical leave in local optional revenue;
1.4 simplifying referendum revenue; increasing equalization aid; appropriating money;
1.5 amending Minnesota Statutes 2022, sections 126C.10, by adding subdivisions;
1.6 126C.17, subdivisions 1, 5, 6, 7; Minnesota Statutes 2023 Supplement, section
1.7 126C.10, subdivision 2e; Laws 2023, chapter 55, article 1, section 36, subdivision
1.8 2; repealing Minnesota Statutes 2022, section 126C.17, subdivision 8; Minnesota
1.9 Statutes 2023 Supplement, sections 124D.995; 126C.43, subdivision 2.
1.10 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.11 Section 1. Minnesota Statutes 2023 Supplement, section 126C.10, subdivision 2e, is
1.12 amended to read:
1.13 Subd. 2e.Local optional revenue.(a) For fiscal year 2024, local optional revenue for
1.14 a school district equals the sum of the district's first tier local optional revenue and second
1.15 tier local optional revenue. A district's first tier local optional revenue equals $300 times
1.16 the adjusted pupil units of the district for that school year. A district's second tier local
1.17 optional revenue equals $424 times the adjusted pupil units of the district for that school
1.18 year.
1.19 (b) For fiscal year 2025, a school district's local optional revenue equals $920 times the
1.20 adjusted pupil units of the district for that year.
1.21 (c) For fiscal year 2026 and later, a school district's local optional revenue equals the
1.22 sum of:
1.23 (1) the product of the district's adjusted pupil units for that school year, $920, and the
1.24 ratio of the general education basic formula allowance for that year to the general education
1.25 basic formula allowance for 2025;
1Section 1.
24-06023 as introduced01/16/24 REVISOR CR/HL
SENATE
STATE OF MINNESOTA
S.F. No. 4184NINETY-THIRD SESSION
(SENATE AUTHORS: GUSTAFSON, Klein, Abeler, Kreun and Kupec)
OFFICIAL STATUSD-PGDATE
Introduction and first reading1179902/26/2024
Referred to Education Finance
See HF5237

2.1 (2) the district's total unemployment insurance costs for the previous fiscal year; and
2.2 (3) the district's paid family and medical leave expenses for the previous fiscal year
2.3 required under chapter 268B.
2.4 (b) A district's local optional levy equals the sum of the first tier local optional levy and
2.5 the second tier local optional levy.
2.6 (c) A district's first tier local optional levy equals the district's first tier local optional
2.7 revenue times the lesser of one or the ratio of the district's referendum market value per
2.8 resident pupil unit to $880,000.
2.9 (d) For fiscal year 2023, a district's second tier local optional levy equals the district's
2.10 second tier local optional revenue times the lesser of one or the ratio of the district's
2.11 referendum market value per resident pupil unit to $548,842. For fiscal year 2024, a district's
2.12 second tier local optional levy equals the district's second tier local optional revenue times
2.13 the lesser of one or the ratio of the district's referendum market value per resident pupil unit
2.14 to $510,000. For fiscal year 2025, a district's second tier local optional levy equals the
2.15 district's second tier local optional revenue times the lesser of one or the ratio of the district's
2.16 referendum market value per resident pupil unit to $587,244. For fiscal year 2026, a district's
2.17 second tier local optional levy equals the district's second tier local optional revenue times
2.18 the lesser of one or the ratio of the district's referendum market value per resident pupil unit
2.19 to $642,038. For fiscal year 2027 and later, a district's second tier local optional levy equals
2.20 the district's second tier local optional revenue times the lesser of one or the ratio of the
2.21 district's referendum market value per resident pupil unit to $671,345.
2.22 (e) The local optional levy must be spread on referendum market value. A district may
2.23 levy less than the permitted amount.
2.24 (f) A district's local optional aid equals its local optional revenue minus its local optional
2.25 levy. If a district's actual levy for first or second tier local optional revenue is less than its
2.26 maximum levy limit for that tier, its aid must be proportionately reduced.
2.27 EFFECTIVE DATE.This section is effective for revenue for fiscal year 2025 and later.
2.28 Sec. 2. Minnesota Statutes 2022, section 126C.10, is amended by adding a subdivision to
2.29 read:
2.30 Subd. 2f.Local optional levy.(a) For fiscal years 2024 and 2025, a district's local
2.31 optional levy equals the sum of the first tier local optional levy and the second tier local
2.32 optional levy.
2Sec. 2.
24-06023 as introduced01/16/24 REVISOR CR/HL

3.1 (b) For fiscal years 2024 and 2025, a d

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