1.1.................... moves to amend H.F. No. 2400, the first engrossment, as follows:
1.2Page 13, delete section 15 and insert:

1.3    "Sec. 15. Minnesota Statutes 2018, section 124E.20, subdivision 1, is amended to read:
1.4    Subdivision 1. Revenue calculation. (a) General education revenue must be paid to a
1.5charter school as though it were a district. The general education revenue for each adjusted
1.6pupil unit is equals:
1.7(1) the state average general education revenue per pupil unit, calculated without, (i) the
1.8product of the formula allowance according to section 126C.10, subdivision 2, times .0466,
1.9(ii) declining enrollment revenue, (iii) local optional revenue, (iv) basic skills revenue, (v)
1.10extended time revenue, (vi) pension and family leave adjustment revenue, (vii) transition
1.11revenue, and (viii) transportation sparsity revenue; plus
1.12(2) the referendum equalization aid allowance and first tier local optional revenue in
1.13the pupil's district of residence, minus; and
1.14(3) an amount equal to the product of the formula allowance according to section 126C.10,
1.15subdivision 2 , times .0466, calculated without declining enrollment revenue, local optional
1.16revenue, basic skills revenue, extended time revenue, pension adjustment revenue, transition
1.17revenue, and transportation sparsity revenue, plus (i) declining enrollment revenue, (ii) basic
1.18skills revenue, (iii) pension and family leave adjustment revenue, and (iv) transition revenue,
1.19as though the school were a school district.
1.20(b) For a charter school operating an extended day, extended week, or summer program,
1.21the general education revenue in paragraph (a) is increased by an amount equal to 25 percent
1.22of the statewide average extended time revenue per adjusted pupil unit.
1.23(c) Notwithstanding paragraph (a), the general education revenue for an eligible special
1.24education charter school as defined in section 124E.21, subdivision 2, equals the sum of
2.1the amount determined under paragraph (a) and the school's unreimbursed cost as defined
2.2in section 124E.21, subdivision 2, for educating students not eligible for special education
2.3services.
2.4EFFECTIVE DATE.This section is effective for fiscal year 2021 and later.

2.5    Sec. 16. Minnesota Statutes 2018, section 126C.10, subdivision 1, is amended to read:
2.6    Subdivision 1. General education revenue. The general education revenue for each
2.7district equals the sum of the district's basic revenue, extended time revenue, gifted and
2.8talented revenue, declining enrollment revenue, local optional revenue, small schools
2.9revenue, basic skills revenue, secondary sparsity revenue, elementary sparsity revenue,
2.10transportation sparsity revenue, total operating capital revenue, equity revenue, pension
2.11adjustment and family leave revenue, and transition revenue."
2.12Page 16, after line 32, insert:

2.13    "Sec. 23. Minnesota Statutes 2018, section 126C.10, subdivision 37, is amended to read:
2.14    Subd. 37. Pension and family leave adjustment revenue. (a) A school district's pension
2.15and family adjustment revenue equals the sum of:
2.16(1) the greater of zero or the product of:
2.17(i) the difference between the district's adjustment under Minnesota Statutes 2012, section
2.18127A.50, subdivision 1 , for fiscal year 2014 per adjusted pupil unit and the state average
2.19adjustment under Minnesota Statutes 2012, section 127A.50, subdivision 1, for fiscal year
2.202014 per adjusted pupil unit; and
2.21(ii) the district's adjusted pupil units for the fiscal year; and
2.22(2) the product of the salaries paid to district employees who were members of the
2.23Teachers Retirement Association and the St. Paul Teachers' Retirement Fund Association
2.24for the prior fiscal year and the district's pension adjustment rate for the fiscal year. The
2.25pension adjustment rate for Independent School District No. 625, St. Paul, equals 0.84
2.26percent for fiscal year 2019, 1.67 percent for fiscal year 2020, 1.88 percent for fiscal year
2.272021, 2.09 percent for fiscal year 2022, 2.3 percent for fiscal year 2023, and 2.5 percent for
2.28fiscal year 2024 and later. The pension adjustment rate for all other districts equals 0.21
2.29percent for fiscal year 2019, 0.42 percent for fiscal year 2020, 0.63 percent for fiscal year
2.302021, 0.84 percent for fiscal year 2022, 1.05 percent for fiscal year 2023, and 1.25 percent
2.31for fiscal year 2024 and later; and
3.1(3) the district's costs during the previous fiscal year for family and medical leave required
3.2under House File 5, or a similarly styled bill, if enacted.
3.3(b) For fiscal year 2025 and later, the state total pension adjustment revenue under
3.4paragraph (a), clause (2), must not exceed the amount calculated under paragraph (a), clause
3.5(2), for fiscal year 2024. The commissioner must prorate the pension adjustment revenue
3.6under paragraph (a), clause (2), so as not to exceed the maximum.
3.7(c) Notwithstanding section 123A.26, subdivision 1, a cooperative unit, as defined in
3.8section 123A.24, subdivision 2, qualifies for pension and family leave adjustment revenue
3.9under paragraph (a), clause clauses (2) and (3), as if it was a district, and the aid generated
3.10by the cooperative unit shall be paid to the cooperative unit."
3.11Renumber the sections in sequence and correct the internal references
3.12Amend the title accordingly