This bill proposes significant modifications to education finance provisions for prekindergarten through grade 12 education in Minnesota, focusing on enhancing funding mechanisms and ensuring equitable resource distribution. Key amendments include an increase in consolidation transition aid from $200 to $424 per resident pupil unit for newly created districts, adjustments to general education revenue calculations for charter schools and districts, and the introduction of new basic supplemental aid allowances. The bill also establishes a Compensatory Revenue Task Force to evaluate the compensatory revenue formula and mandates detailed reporting on various educational programs, including aeronautics and commercial over-the-road programs. Additionally, it includes appropriations for various educational initiatives, such as grants for ethnic studies and support for underserved students.

Furthermore, the bill addresses special education funding, outlining new calculations for unreimbursed costs and reductions in special education aid for resident districts. It introduces provisions for unemployment benefits for educational employees and establishes guidelines for food service programs in schools, emphasizing financial accountability. The bill also enhances literacy instruction by mandating evidence-based practices and the development of local literacy plans, with a focus on supporting multilingual learners. Overall, the legislation aims to improve educational opportunities and support for diverse student populations while ensuring compliance with updated educational standards and effective use of funds.

Statutes affected:
Introduction: 123B.84, 123B.86, 123B.87, 123B.92, 126C.05, 126C.10, 127A.45, 124D.861, 124D.862, 124D.98, 122A.414, 122A.4144, 122A.415, 122A.635, 122A.70, 124D.901, 122A.63, 124D.83, 125A.76, 126C.40, 124D.111, 124D.119
2nd Engrossment: 123A.485, 124E.20, 126C.10, 126C.13, 126C.15, 126C.17, 127A.47, 126C.43, 268.085, 124D.42, 124D.901, 122A.63, 123B.92, 125A.76, 123B.595, 123B.57, 123B.591, 123B.59, 123B.71, 126C.40, 126C.45, 124D.111, 124D.119, 124D.992, 120B.118, 120B.119, 120B.12, 120B.123, 120B.124, 122A.091, 122A.092, 122A.185