1.1 	A bill for an act
1.2 	relating to education finance; providing for teacher development and evaluation 
1.3 	revenue for educational cooperatives and education districts;amending Laws 
1.4 	2014, chapter 312, article 16, section 15.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Laws 2014, chapter 312, article 16, section 15, is amended to read:
1.7 	Sec. 15. TEACHER DEVELOPMENT AND EVALUATION REVENUE.
 1.8 	(a) For fiscal year 2015 only, teacher development and evaluation revenue for a 
1.9 	school district, intermediate school district, educational cooperative, education district, or 
1.10 	charter school that does not have an alternative professional pay system agreement under 
1.11 	Minnesota Statutes, section 122A.414, subdivision 2, equals $302 times the number of 
1.12 	full-time equivalent teachers employed on October 1 of the previous school year. Revenue 
1.13 	under this section must be reserved for teacher development and evaluation activities 
1.14 	consistent with Minnesota Statutes, section 122A.40, subdivision 8, or Minnesota Statutes, 
1.15 	section 122A.41, subdivision 5. For the purposes of this section, "teacher" has the 
1.16 	meaning given it in Minnesota Statutes, section 122A.40, subdivision 1, or Minnesota 
1.17 	Statutes, section 122A.41, subdivision 1.
1.18 	(b) Notwithstanding paragraph (a), the state total teacher development and evaluation 
1.19 	revenue entitlement must not exceed $10,000,000 for fiscal year 2015. The commissioner 
1.20 	must limit the amount of revenue under this section so as not to exceed this limit.

1.21 	EFFECTIVE DATE. This section is effective retroactively from July 1, 2014.