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 purpose of this bill is to modify the eligibility criteria for Independent School District No. 720, Shakopee, allowing it to qualify for the long-term facilities maintenance revenue program. This aims to provide the district with additional financial support for maintaining and improving school facilities.
Main Provisions
- Eligibility Update: Independent School District No. 720, Shakopee, is newly categorized as a qualifying district for the alternative facilities revenue program.
- Financial Support Access: This change enables Shakopee to access long-term facilities maintenance revenue, a specific source of funds designated for the upkeep and refurbishment of school infrastructure.
Significant Changes to Existing Law
- The amendment specifically updates a provision from Minnesota's 1999 legislation, which originally recognized only certain districts for this program. By including Shakopee, the bill broadens the scope of districts eligible for these financial resources starting in the fiscal year 2027.
Relevant Terms
alternative facilities revenue, long-term facilities maintenance, Independent School District No. 720, Shakopee schools, education finance, school facilities maintenance
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 23, 2025 | House | Floor | Action | Introduction and first reading, referred to | Education Finance |
| March 23, 2025 | House | Floor | Action | Introduction and first reading, referred to | Education Finance |
Citations
[
{
"analysis": {
"added": [
"Wayzata school district is now eligible for certain facilities revenue programs."
],
"removed": [
""
],
"summary": "The bill authorizes Independent School District No. 284 Wayzata to be eligible for the alternative facilities revenue program under section 123B.59.",
"modified": [
""
]
},
"citation": "123B.59",
"subdivision": ""
},
{
"analysis": {
"added": [
"Shakopee district is designated as a qualifying district for facilities maintenance revenue starting in fiscal year 2027."
],
"removed": [
""
],
"summary": "This bill determines Independent School District No. 720 Shakopee's qualification for alternative facilities revenue under section 123B.595.",
"modified": [
"Change in status allowing access to new funding mechanisms."
]
},
"citation": "123B.595",
"subdivision": ""
}
]