1.1                          A bill for an act 
  1.2             relating to education; authorizing school districts to 
  1.3             pursue additional revenue sources; proposing coding 
  1.4             for new law in Minnesota Statutes, chapter 123B. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [123B.025] [SCHOOL SPONSORSHIP AND ADVERTISING 
  1.7   REVENUE.] 
  1.8      Subdivision 1.  [BOARD AUTHORITY; CONTRACTS.] A school 
  1.9   board may enter into a contract with advertisers, sponsors, or 
  1.10  others regarding advertising and naming rights to school 
  1.11  facilities and vehicles under the general charge of the 
  1.12  district.  A contract authorized under this section must be 
  1.13  approved by the school board.  The powers granted to a school 
  1.14  board under this section are in addition to any other authority 
  1.15  the school district may have. 
  1.16     Subd. 2.  [AUTHORIZED AGREEMENTS.] A school district may 
  1.17  enter into a contract to: 
  1.18     (1) lease the naming rights for school facilities, 
  1.19  including school buildings, ice arenas, and stadiums; 
  1.20     (2) sell advertising on or in the facilities listed in 
  1.21  clause (1); 
  1.22     (3) sell advertising on or in school buses subject to the 
  1.23  content restrictions of section 123B.93; and 
  1.24     (4) otherwise enter into an agreement with a sponsoring 
  1.25  agent. 
  2.1      Subd. 3.  [REVENUE USES.] Revenue generated under this 
  2.2   section must be used according to a plan specified by the school 
  2.3   board.