1.1 	A bill for an act
1.2 	relating to education finance; repealing the requirement that the Department of 
1.3 	Management and Budget require school district state aid payments to be reduced 
1.4 	prior to the state of Minnesota undertaking short-term borrowing for cash flow 
1.5 	needs;repealing Minnesota Statutes 2008, section 127A.46.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1.  REPEALER.
 1.8 	Minnesota Statutes 2008, section 127A.46, is repealed.

1.9 	EFFECTIVE DATE. This section is effective August 1, 2010.