1.1.................... moves to amend H.F. No. 5237, the second engrossment, as follows:
1.2Page 18, after line 1, insert:

1.3    "Sec. 19. SCHOOL DISTRICT FINANCIAL FLEXIBILITY.
1.4    Subdivision 1. School board financial flexibility. For fiscal year 2025 only, a school
1.5board may move its state aid and local property tax receipts among its accounts and funds
1.6according to the provisions of this section.
1.7    Subd. 2. Funds and accounts. (a) Notwithstanding any law or fund account restriction
1.8to the contrary, a school board may move funds from any reserve account or fund to any
1.9other account or fund unless:
1.10(1) moving the funds conflicts with federal law;
1.11(2) moving the funds is contrary to a court order;
1.12(3) moving the funds would lower the school district's state aid or local levy authority
1.13in fiscal year 2025 or a subsequent year; or
1.14(4) the funds have been pledged for the repayment of bonds or other long-term debt
1.15obligations of the school district.
1.16(b) By December 31, 2024, the Department of Education must post on its website a list
1.17of funds and accounts that may not be moved under paragraph (a), clauses (1) and (3).
1.18    Subd. 3. Board approval. Before transferring any funds under this section and after
1.19allowing public testimony at a regularly scheduled board meeting, a school board must
1.20adopt a written resolution identifying the amounts and types of funds that will be moved
1.21among its accounts and funds."
1.22Renumber the sections in sequence and correct the internal references