Plain English Breakdown
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SF4344 • 2026
Independent School District No. 403, Ivanhoe, fund transfer authorization provision
Independent School District No. 403, Ivanhoe, fund transfer authorization provision
Education
Passed Legislature
This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.
Bill History
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2026-03-11
House
Introduction and first reading
Official Summary Text
Independent School District No. 403, Ivanhoe, fund transfer authorization provision
Current Bill Text
Read the full stored bill text
A bill for an act relating to education finance; authorizing a fund transfer for Independent School District No. 403, Ivanhoe. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: Section 1. new text begin FUND TRANSFER; IVANHOE PUBLIC SCHOOLS. new text end new text begin Notwithstanding Minnesota Statutes, section 123B.79, 123B.80, or 142D.11, subdivision 9, on June 30, 2026, Independent School District No. 403, Ivanhoe, may permanently transfer up to $68,000 from its early childhood family education reserve balance in the community service fund to its undesignated balance in the general fund. new text end new text begin EFFECTIVE DATE. new text end new text begin This section is effective the day following final enactment. new text end