1.1 	A bill for an act
1.2 	relating to education finance; creating a new component of special education 
1.3 	funding for districts with extraordinary special education service needs;
1.4 	proposing coding for new law in Minnesota Statutes, chapter 125A.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. [125A.795] EXTRAORDINARY SPECIAL EDUCATION REVENUE.
1.7 	A school districta??s extraordinary special education revenue equals the greater of: (1) 
1.8 	zero; or (2) the difference between (i) the districta??s net unreimbursed special education 
1.9 	costs, after reduction for excess cost aid calculated according to section 125A.79, and (ii) 
1.10 	$500 times the districta??s adjusted marginal cost pupil units for that year.

1.11 	EFFECTIVE DATE. This section is effective for revenue for fiscal year 2008.