SF2941 (Legislative Session 94 (2025-2026))

Independent School District No. 720, Shakopee, qualification under the long-term facilities maintenance revenue program ad a district eligible for alternative facilities revenue authorization provision

Related bill: HF2696

AI Generated Summary

Purpose of the Bill

The purpose of the bill is to allow Independent School District No. 720, located in Shakopee, to qualify for alternative facilities revenue as part of its long-term facilities maintenance. This change aims to support financing for school facilities within the district.

Main Provisions

  • Eligibility Change: The bill modifies current laws to include Independent School District No. 720, Shakopee, in the list of districts eligible for alternative facilities revenue. This is part of the long-term facilities maintenance revenue program.

  • Effective Year: The change for Shakopee to qualify as a district eligible for this type of revenue will begin in the fiscal year 2027.

Significant Changes

This bill amends legal statutes to add Shakopee to the list of districts that can receive funding specifically aimed at maintaining and improving school facilities. This aligns Shakopee with District No. 284, Wayzata, which is already eligible under existing rules.

Relevant Terms

  • Independent School District No. 720
  • Shakopee
  • Alternative facilities revenue
  • Long-term facilities maintenance
  • Financing school facilities
  • Fiscal year 2027

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 24, 2025SenateFloorActionIntroduction and first reading
March 24, 2025SenateFloorActionReferred toEducation Finance

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill discusses eligibility under the alternative facilities revenue program for specific school districts in section 123B.59.",
      "modified": [
        "Clarifies participation criteria for Wayzata district."
      ]
    },
    "citation": "123B.59",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This legislation defines qualifying criteria for longterm facilities maintenance revenue under section 123B.595.",
      "modified": [
        "Establishes criteria for Shakopee district beginning fiscal year 2027."
      ]
    },
    "citation": "123B.595",
    "subdivision": ""
  }
]

Progress through the legislative process

17%
In Committee