The bill amends Minnesota Statutes 2024, section 124D.992, subdivision 1, to clarify the eligibility criteria for school library aid. Specifically, it changes the language to specify that school library aid for fiscal year 2024 and beyond will be based on an independent or special school’s 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 stating that the changes will take effect 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 and beyond, providing clarity and support for school libraries in Minnesota.
Statutes affected: Introduction: 124D.992