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
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
March 24, 2025 | Senate | Floor | Action | Introduction and first reading | |
March 24, 2025 | Senate | Floor | Action | Referred to | Education 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": "" } ]