1.1 	A bill for an act
1.2 	relating to education finance; increasing funding for school districts for 
1.3 	technology purposes; appropriating money; amending Minnesota Statutes 2005 
1.4 	Supplement, section 126C.10, subdivision 13.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2005 Supplement, section 126C.10, subdivision 13, 
1.7 	is amended to read:
1.8 		Subd. 13.Total operating capital revenue. (a) Total operating capital revenue for 
1.9 	a district equals the amount determined under paragraph (b) or (c), plus ~~$73~~ $98 times the 
1.10 	adjusted marginal cost pupil units for the school year. The revenue must be placed in a 
1.11 	reserved account in the general fund and may only be used according to subdivision 14.
1.12 	(b) Capital revenue for a district equals $100 times the district's maintenance cost 
1.13 	index times its adjusted marginal cost pupil units for the school year.
1.14 	(c) The revenue for a district that operates a program under section 124D.128, is 
1.15 	increased by an amount equal to $30 times the number of marginal cost pupil units served 
1.16 	at the site where the program is implemented.
1.17 	(d) At least $25 times the adjusted marginal cost pupil units for that school year 
1.18 	must be used only for school district technology purposes.  Eligible expenditures include 
1.19 	all of the technology uses authorized under subdivision 14, clauses (15), (18), (19), (23), 
1.20 	and (24).

1.21 	EFFECTIVE DATE. This section is effective for revenue for fiscal year 2007.