SF 4344 Minnesota Senate · 2025-2026 Regular Session

Independent School District No. 403, Ivanhoe, fund transfer authorization provision

This bill allows Independent School District No. 403 in Ivanhoe to move up to $68,000 from its early childhood family education reserve to its general fund balance by June 30, 2026. The provision overrides existing state finance rules that typically restrict such transfers. Once enacted, the school district can use the transferred funds for general purposes rather than being limited to early childhood education programs. The change takes effect immediately after the bill is passed.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2026
Committee Review
Floor Vote
Governor
Introduced Mar 11, 2026 Last action Mar 11, 2026