1.1 	A bill for an act
1.2 	relating to education finance; increasing funding for early childhood family 
1.3 	education;amending Minnesota Statutes 2005 Supplement, section 124D.135, 
1.4 	subdivision 1.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2005 Supplement, section 124D.135, subdivision 1, 
1.7 	is amended to read:
1.8 		Subdivision 1.Revenue. The revenue for early childhood family education 
1.9 	programs for a school district equals ~~$96 for fiscal year 2005 and~~ $104 for fiscal ~~year~~
1.10 	years 2006 and 2007, $106 for fiscal year 2008, and $108 for fiscal year 2009 and later, 
1.11 	times the greater of:
1.12 	(1) 150; or
1.13 	(2) the number of people under five years of age residing in the district on October 1 
1.14 	of the previous school year.

1.15 	EFFECTIVE DATE. This section is effective for revenue for fiscal year 2008 
1.16 	and later.