1.1.................... moves to amend H.F. No. 2967 as follows:
1.2Page 2, line 24, delete "$21,727,000" and insert "$22,103,000" and delete
1.3"$24,201,000" and insert "$24,219,000"
1.4Page 6, delete article 2 and insert:


1.7    Section 1. Minnesota Statutes 2011 Supplement, section 16A.152, subdivision 2,
1.8is amended to read:
1.9    Subd. 2. Additional revenues; priority. (a) If on the basis of a forecast of general
1.10fund revenues and expenditures, the commissioner of management and budget determines
1.11that there will be a positive unrestricted budgetary general fund balance at the close of
1.12the biennium, the commissioner of management and budget must allocate money to the
1.13following accounts and purposes in priority order:
1.14    (1) the cash flow account established in subdivision 1 until that account reaches
1.15$350,000,000;
1.16    (2) the budget reserve account established in subdivision 1a until that account
1.17reaches $653,000,000;
1.18    (3) the amount necessary to increase the aid payment schedule for school district
1.19aids and credits payments in section 127A.45 to not more than 90 95 percent rounded
1.20to the nearest tenth of a percent without exceeding the amount available and with any
1.21remaining funds deposited in the budget reserve;
1.22    (4) the amount necessary to restore all or a portion of the net aid reductions under
1.23section 127A.441 and to reduce the property tax revenue recognition shift under section
1.24123B.75, subdivision 5 , by the same amount;
2.1(5) to the state airports fund, the amount necessary to restore the amount transferred
2.2from the state airports fund under Laws 2008, chapter 363, article 11, section 3,
2.3subdivision 5; and
2.4(6) to the fire safety account in the special revenue fund, the amount necessary to
2.5restore transfers from the account to the general fund made in Laws 2010.
2.6    (b) The amounts necessary to meet the requirements of this section are appropriated
2.7from the general fund within two weeks after the forecast is released or, in the case of
2.8transfers under paragraph (a), clauses (3) and (4), as necessary to meet the appropriations
2.9schedules otherwise established in statute.
2.10    (c) The commissioner of management and budget shall certify the total dollar
2.11amount of the reductions under paragraph (a), clauses (3) and (4), to the commissioner of
2.12education. The commissioner of education shall increase the aid payment percentage and
2.13reduce the property tax shift percentage by these amounts and apply those reductions to
2.14the current fiscal year and thereafter.

2.15    Sec. 2. Minnesota Statutes 2011 Supplement, section 127A.45, subdivision 2, is
2.16amended to read:
2.17    Subd. 2. Definitions. (a) "Other district receipts" means payments by county
2.18treasurers pursuant to section 276.10, apportionments from the school endowment fund
2.19pursuant to section 127A.33, apportionments by the county auditor pursuant to section
2.20127A.34, subdivision 2 , and payments to school districts by the commissioner of revenue
2.21pursuant to chapter 298.
2.22(b) "Cumulative amount guaranteed" means the product of
2.23(1) the cumulative disbursement percentage shown in subdivision 3; times
2.24(2) the sum of
2.25(i) the current year aid payment percentage of the estimated aid and credit
2.26entitlements paid according to subdivision 13; plus
2.27(ii) 100 percent of the entitlements paid according to subdivisions 11 and 12; plus
2.28(iii) the other district receipts.
2.29(c) "Payment date" means the date on which state payments to districts are made
2.30by the electronic funds transfer method. If a payment date falls on a Saturday, a Sunday,
2.31or a weekday which is a legal holiday, the payment shall be made on the immediately
2.32preceding business day. The commissioner may make payments on dates other than
2.33those listed in subdivision 3, but only for portions of payments from any preceding
2.34payment dates which could not be processed by the electronic funds transfer method due
2.35to documented extenuating circumstances.
3.1(d) The current year aid payment percentage equals 73 in fiscal year 2010 and 70 in
3.2fiscal year 2011, and 60 64.3 in fiscal years year 2012 and 70.2 in fiscal year 2013 and later.

3.3    Sec. 3. BALANCES CANCELED TO GENERAL FUND; PAYMENT
3.4SCHEDULE ADJUSTED.
3.5    Subdivision 1. Balance canceled. $430,088,000 of the unobligated balance in the
3.6budget reserve account created in Minnesota Statutes, section 16A.152, subdivision 1a, is
3.7canceled to the general fund in fiscal year 2013.
3.8    Subd. 2. Aid payment schedule adjusted. If the commissioner of management and
3.9budget determines that modifications in the aid payment schedule would reduce the need
3.10for short-term borrowing, the commissioner of education may modify the aid payment
3.11metering schedule under Minnesota Statutes, section 127A.45, subdivision 3, to reduce
3.12the cumulative amounts paid during any payment period prior to June 30, 2013, provided
3.13that the reduced cumulative dollar amount paid may not be below the statutory amounts
3.14computed using an aid payment percentage of 64.3 for the current year aid payment
3.15amount and the cumulative amount reduced must not exceed $430,088,000.

3.16    Sec. 4. K-12 SHIFT APPROPRIATIONS.
3.17The amounts sufficient to fully fund the K-12 aid entitlements under Laws 2011,
3.18First Special Session chapter 11, adjusted to reflect the higher aid payment percentage
3.19under section 1, are appropriated in fiscal year 2013 from the general fund to the
3.20Department of Education."
3.21Renumber the sections in sequence and correct the internal references
3.22Amend the title accordingly