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HF2696 (Legislative Session 94 (2025-2026))

Independent School District No. 720, Shakopee, authorized to qualify under the long-term facilities maintenance revenue program as a district eligible for alternative facilities revenue.

Related bill: SF2941

AI Generated Summary

Purpose of the Bill

The bill aims to modify existing education finance laws to include Independent School District No. 720, Shakopee, as a participating member in the long-term facilities maintenance revenue program. This inclusion allows the district to qualify for funding specifically through the alternative facilities revenue program.

Main Provisions

  • Eligibility Update: The bill amends the law to make Independent School District No. 720 Shakopee a qualifying district for alternative facilities revenue. This change enables Shakopee to receive financial support for school facility projects and maintenance.

  • Implementation Timeline: The eligibility for Shakopee to join the alternative facilities revenue program will begin in fiscal year 2027. This aligns the district with the provisions under Minnesota Statutes section 123B.595, which govern long-term facilities maintenance revenue.

Significant Changes to Existing Law

The bill amends a specific section of the law from 1999, originally updated in 2011, by adding Shakopee as a qualifying district. Previously, only Independent School District No. 284, Wayzata, was named eligible for this type of revenue under Minnesota Statutes section 123B.59. The amendment broadens the scope of qualification to include another district, ensuring broader access to the necessary funding for school facility enhancements and maintenance.

Relevant Terms

  • Shakopee Independent School District
  • Alternative facilities revenue
  • Long-term facilities maintenance revenue
  • Fiscal year 2027
  • Minnesota Statutes section 123B.595

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 23, 2025HouseFloorActionIntroduction and first reading, referred toEducation Finance

Citations

 
[
  {
    "analysis": {
      "added": [
        "Alternative eligibility for Independent School District No. 720 Shakopee."
      ],
      "removed": [],
      "summary": "The bill references section 123B.59 concerning alternative facilities revenue program eligibility.",
      "modified": []
    },
    "citation": "123B.59",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        "Designation of Independent School District No. 720 Shakopee as a qualifying district."
      ],
      "removed": [],
      "summary": "This mentions section 123B.595 in relation to long-term facilities maintenance revenue.",
      "modified": []
    },
    "citation": "123B.595",
    "subdivision": ""
  }
]

Sponsors