1.1.................... moves to amend H.F. No. 2326 as follows:
1.2Page 1, after line 8, insert:

1.3    "Section 1. Minnesota Statutes 2013 Supplement, section 124D.11, subdivision 1,
1.4is amended to read:
1.5    Subdivision 1. General education revenue. General education revenue must be
1.6paid to a charter school as though it were a district. The general education revenue
1.7for each adjusted pupil unit is the state average general education revenue per pupil
1.8unit, plus the referendum equalization aid allowance in the pupil's district of residence,
1.9minus an amount equal to the product of the formula allowance according to section
1.10126C.10, subdivision 2 , times .0466, calculated without basic skills revenue, extended
1.11time revenue, recovery program revenue, pension adjustment revenue, transition revenue,
1.12and transportation sparsity revenue, plus basic skills revenue, extended time revenue,
1.13recovery program revenue, pension adjustment revenue, and transition revenue as though
1.14the school were a school district. The general education revenue for each extended time
1.15pupil unit equals $4,794.
1.16EFFECTIVE DATE.This section is effective for revenue for fiscal year 2015
1.17and later."
1.18Renumber the sections in sequence and correct the internal references
1.19Correct the title numbers accordingly