1.1.................... moves to amend H.F. No. 3171, the delete everything amendment
1.2(A14-0977), as follows:
1.3Page 16, after line 7, insert:
1.4 "Sec. 23. Minnesota Statutes 2012, section 127A.45, subdivision 3, is amended to read:
1.5 Subd. 3.
Payment dates and percentages. (a) The commissioner shall pay to a
1.6district on the dates indicated an amount computed as follows: the cumulative amount
1.7guaranteed minus the sum of (1) the district's other district receipts through the current
1.8payment, and (2) the aid and credit payments through the immediately preceding payment.
1.9For purposes of this computation, the payment dates and the cumulative disbursement
1.10percentages are as follows:
1.11
|
|
Payment date
|
Percentage
|
|
1.12
|
Payment 1
|
July 15:
|
5.5
|
|
1.13
|
Payment 2
|
July 30:
|
8.0
|
|
1.14
|
Payment 3
|
August 15:
|
17.5
|
|
1.15
|
Payment 4
|
August 30:
|
20.0
|
|
1.16
|
Payment 5
|
September 15:
|
22.5
|
|
1.17
|
Payment 6
|
September 30:
|
25.0
|
|
1.18
|
Payment 7
|
October 15:
|
27.0
|
|
1.19
|
Payment 8
|
October 30:
|
30.0
|
|
1.20
|
Payment 9
|
November 15:
|
32.5
|
|
1.21
|
Payment 10
|
November 30:
|
36.5
|
|
1.22
|
Payment 11
|
December 15:
|
42.0
|
|
1.23
|
Payment 12
|
December 30:
|
45.0
|
|
1.24
|
Payment 13
|
January 15:
|
50.0
|
|
1.25
|
Payment 14
|
January 30:
|
54.0
|
|
1.26
|
Payment 15
|
February 15:
|
58.0
|
|
1.27
|
Payment 16
|
February 28:
|
63.0
|
|
1.28
|
Payment 17
|
March 15:
|
68.0
|
|
1.29
|
Payment 18
|
March 30:
|
74.0
|
|
1.30
|
Payment 19
|
April 15:
|
78.0
|
|
2.1
|
Payment 20
|
April 30:
|
85.0
|
|
2.2
|
Payment 21
|
May 15:
|
90.0
|
|
2.3
|
Payment 22
|
May 30:
|
95.0
|
|
2.4
|
Payment 23
|
June 20:
|
100.0
|
|
2.5(b) In addition to the amounts paid under paragraph (a), the commissioner shall pay
2.6to a school district
or charter school on the dates indicated an amount computed as follows:
2.7
2.8
|
Payment 3
|
August 15: the final adjustment for the prior fiscal year for the state paid
property tax credits established in section
273.1392
|
2.9
2.10
|
Payment 4
|
August 30: 30 percent of the final adjustment for the prior fiscal year for
all aid entitlements except state paid property tax credits
|
2.11
2.12
|
Payment 6
|
September 30: 40 percent of the final adjustment for the prior fiscal year
for all aid entitlements except state paid property tax credits
|
2.13
2.14
|
Payment 8
|
October 30: 30 percent of the final adjustment for the prior fiscal year
for all aid entitlements except state paid property tax credits
|
2.15(c)
Notwithstanding paragraph (b), if the current year aid payment percentage
2.16under subdivision 2, paragraph (d), is less than 90, in addition to the amounts paid under
2.17paragraph (a), the commissioner shall pay to a charter school on the dates indicated an
2.18amount computed as follows:
2.19
2.20
|
Payment 1
|
July 15: 75 percent of the final adjustment for the prior fiscal year for
all aid entitlements
|
2.21
2.22
|
Payment 8
|
October 30: 25 percent of the final adjustment for the prior fiscal year
for all aid entitlements
|
2.23EFFECTIVE DATE.This section is effective the day following final enactment."
2.24Renumber the sections in sequence and correct the internal references
2.25Amend the title accordingly