1.1 	A bill for an act
1.2 	relating to education finance; authorizing a fund transfer for Independent School 
1.3 	District No. 152, Moorhead Area Public Schools.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. FUND TRANSFER; MOORHEAD AREA PUBLIC SCHOOLS.
 1.6 	Notwithstanding Minnesota Statutes, section 123B.595, subdivisions 10 and 11, 123B.79, 
1.7 	or 123B.80, on June 30, 2023, Independent School District No. 152, Moorhead Area Public 
1.8 	Schools, may permanently transfer up to $5,000,000 from the long term facilities maintenance 
1.9 	reserve account in the general fund to the operating capital account in the general fund. 
1.10 	Transferred funds must be used to pay for increased costs of constructing, furnishing, and 
1.11 	equipping the new Moorhead High School facility due to the inflationary effects of the 
1.12 	COVID-19 pandemic.

1.13 	EFFECTIVE DATE. This section is effective the day following final enactment.