1.1 	A bill for an act
1.2 	relating to education finance; linking extended time revenue to the basic formula 
1.3 	allowance;amending Minnesota Statutes 2016, section 126C.10, subdivision 2a.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. Minnesota Statutes 2016, section 126C.10, subdivision 2a, is amended to read:
1.6 		Subd. 2a.Extended time revenue. (a) A school district's extended time revenue is equal 
1.7 	to the product of $5,117:
1.8 	(1) the basic formula allowance for that year; and
1.9 	(2) the sum of the adjusted pupil units of the district for each pupil in average daily 
1.10 	membership in excess of 1.0 and less than 1.2 according to section 126C.05, subdivision 
1.11 	8.
1.12 	(b) A school district's extended time revenue may be used for extended day programs, 
1.13 	extended week programs, summer school, vacation break academies such as spring break 
1.14 	academies and summer term academies, and other programming authorized under the 
1.15 	learning year program.

1.16 	EFFECTIVE DATE. This section is effective for revenue for fiscal year 2018 and later.