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Committee lays over technical fix changing references to LTFM in school aid law (Senate File 1202)
2762631 · March 25, 2025
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Summary
Senate File 1202 would make technical corrections to school district aid and levy calculations related to long-term facility maintenance (LTFM) when tax increment financing amounts are returned or decertified; the committee laid the bill over for possible inclusion in an omnibus bill.
Senate File 1202, described by its sponsor as a "mostly a technical bill," was presented to the Minnesota Senate Education Finance Committee and laid over for possible inclusion in a future omnibus bill.
Senator Kunish told the…
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