This bill amends various sections of Minnesota Statutes to enhance education finance provisions for prekindergarten through grade 12, focusing on funding for general education, special education, American Indian education, school nutrition, and early childhood education. Key changes include increasing the consolidation transition aid from $200 to $424 per resident pupil unit and adjusting general education revenue calculations for charter schools and districts. The bill also introduces new basic supplemental aid allowances and establishes effective dates for revenue calculations starting in fiscal year 2026. Additionally, it repeals section 124D.992 and proposes new coding for Minnesota Statutes, chapter 127A, indicating a comprehensive overhaul of the existing education finance framework.

Furthermore, the bill outlines appropriations for various educational programs, including achievement and integration aid, charter school building lease aid, and initiatives aimed at increasing the diversity of the teaching workforce. It emphasizes the importance of supporting underserved communities through grants for full-service community schools and STEM offerings. The bill also introduces provisions for unemployment benefits for educational employees, modifies funding structures for food service programs, and mandates the Department of Education to collaborate with the Center for Applied Research and Educational Improvement to enhance literacy instruction. Overall, the bill aims to improve educational access, support diverse populations, and ensure compliance with financial regulations while enhancing the management and funding of educational programs.

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