The bill amends Minnesota Statutes 2024, section 124D.992, subdivision 1, to clarify the eligibility criteria for school library aid. It specifies that for fiscal year 2024 and beyond, school library aid will be provided for an independent or special school based on adjusted pupil units or a minimum of $40,000. Additionally, for charter schools, the aid will be calculated as the greater of $16.11 multiplied by the charter school's adjusted pupil units or a minimum of $20,000.

Furthermore, the bill includes a provision that makes the changes effective retroactively for revenue in fiscal year 2024 and later. This ensures that the updated eligibility criteria for school library aid are applied to the current fiscal year, allowing schools to benefit from the clarified funding structure immediately.

Statutes affected:
Introduction: 124D.992