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K-12 Finance Division

FORTY-THIRD MEETING

2007-2008 Regular Session - Tuesday, February 26, 2008

STATE OF MINNESOTA FORTY-THIRD MEETING
HOUSE OF REPRESENTATIVES EIGHTY-FIFTH SESSION

K-12 EDUCATION FINANCE COMMITTEE

MINUTES


Representative Mindy Greiling, Chair of the Committee, called the meeting to order at 2:20PM on February 26, 2008, in Room 10 of the State Office Building.

The Committee Legislative Assistant noted the roll.

Members present:
GREILING, Mindy (Chair)
MORROW, Terry (Vice-Chair)
ANZELC, Tom
BENSON, John
BROWN, Robin
DAVNIE, Jim
DEMMER, Randy
DETTMER, Bob
DITTRICH, Denise
ERICKSON, Sondra
FAUST, Tim
GAROFALO, Pat
HEIDGERKEN, Bud
HILSTROM, Deb
MARIANI, Carlos
MARQUART, Paul
McFARLANE, Carol
MORGAN, Will
OLSON, Mark
SWAILS, Marsha

Members excused:
DOMINGUEZ, Willie


A quorum was present.

Representative Brown moved approval of the minutes for February 20, 2008 as corrected:
THE MOTION PREVAILED AND THE MINUTES ARE APPROVED.


Marty Vadis, Director, Division of Lands and Minerals, Department of Natural Resources, and Bob Tomlinson, Assistant Director, Division of Lands and Minerals, Department of Natural Resources, gave a presentation on Minnesota School Trust Lands and the Permanent School Fund.

Howard Bicker, Executive Director, Minnesota State Board of Investment, gave a presentation on the Permanent School Fund.

Representative Mariani answered questions regarding the Permanent Fund Advisory Committee.


HF2975 (Dittrich) A bill for an act relating to education finance; appropriating money for general education; eliminating the permanent school fund subtraction.

Representative Dittrich moved HF2975 be laid over for possible inclusion in the Omnibus K-12 Education Finance Bill.


HF2973 (Dittrich) A bill for an act relating to education finance; appropriating money for general education; eliminating the permanent school fund subtraction; dedicating permanent school fund revenue for technology.

Representative Dittrich moved HF2975 be laid over for possible inclusion in the Omnibus K-12 Education Finance Bill.

Representative Dittrich, Representative Garofalo, and Grace Schwab, Governmental Relations Director, Minnesota School Boards Association, testified on HF2975 and HF2973.



The meeting adjourned at 3:50PM.



Rep. Mindy Greiling, CHAIR


Elizabeth Mandelman
Committee Legislative Assistant
More Info On This Meeting..

Minnesota School Trust Lands and the Permanent School Fund
HF2975 (Dittrich) Permanent school fund subtraction eliminated.
HF2973 (Dittrich) Permanent school fund subtraction eliminated, education funding simplified, and permanent school fund technology revenue dedicated.

Bills added, if time allows.