1.1.................... moves to amend H.F. No. 885 as follows:
1.2Page 5, delete section 6
1.3Page 5, delete section 7
1.4Page 11, delete section 11
1.5Page 14, line 7, delete "5" and insert "11"
1.6Page 14, line 24, delete "5" and insert "11"
1.7Page 17, line 12, reinstate the stricken "(a)" and the stricken "or"
1.8Page 26, line 24, delete "$......." and insert "$1,100,000"
1.9Page 28, line 20, delete "and"
1.10Page 28, line 21, delete "thereafter"
1.11Page 29, line 1, delete "and"
1.12Page 29, line 2, delete "thereafter"
1.13Page 29, delete section 7
1.14Page 35, line 32, delete "qualifies"
1.15Page 35, line 33, delete "beginning with" and insert "may not qualify until"
1.16Page 49, line 23, strike "which are levied against"
1.17Page 49, line 24, delete the new language
1.18Page 53, after line 17, insert:

1.19    "Sec. 22. Minnesota Statutes 2008, section 423A.02, subdivision 1b, is amended to
1.20read:
1.21    Subd. 1b. Additional amortization state aid. (a) Annually, on October 1, the
1.22commissioner of revenue shall allocate the additional amortization state aid transferred
1.23under section 69.021, subdivision 11, to:
1.24    (1) all police or salaried firefighters relief associations governed by and in full
1.25compliance with the requirements of section 69.77, that had an unfunded actuarial accrued
1.26liability in the actuarial valuation prepared under sections 356.215 and 356.216 as of the
1.27preceding December 31;
2.1    (2) all local police or salaried firefighter consolidation accounts governed by chapter
2.2353A that are certified by the executive director of the public employees retirement
2.3association as having for the current fiscal year an additional municipal contribution
2.4amount under section 353A.09, subdivision 5, paragraph (b), and that have implemented
2.5section 353A.083, subdivision 1, if the effective date of the consolidation preceded May
2.624, 1993, and that have implemented section 353A.083, subdivision 2, if the effective date
2.7of the consolidation preceded June 1, 1995; and
2.8    (3) the municipalities that are required to make an additional municipal contribution
2.9under section 353.665, subdivision 8, for the duration of the required additional
2.10contribution.
2.11    (b) The commissioner shall allocate the state aid on the basis of the proportional share
2.12of the relief association or consolidation account of the total unfunded actuarial accrued
2.13liability of all recipient relief associations and consolidation accounts as of December 31,
2.141993, for relief associations, and as of June 30, 1994, for consolidation accounts.
2.15    (c) Beginning October 1, 2000, and annually thereafter, the commissioner shall
2.16allocate the state aid, including any state aid in excess of the limitation in subdivision
2.174, on the following basis:
2.18    (1) 64.5 percent to the municipalities to which section 353.665, subdivision
2.198 , paragraph (b), or 353A.09, subdivision 5, paragraph (b), apply for distribution in
2.20accordance with paragraph (b) and subject to the limitation in subdivision 4;
2.21    (2) 34.2 percent to the city of Minneapolis to fund any unfunded actuarial accrued
2.22liability in the actuarial valuation prepared under sections 356.215 and 356.216 as of the
2.23preceding December 31 for the Minneapolis Police Relief Association or the Minneapolis
2.24Fire Department Relief Association; and
2.25    (3) 1.3 percent to the city of Virginia to fund any unfunded actuarial accrued liability
2.26in the actuarial valuation prepared under sections 356.215 and 356.216 as of the preceding
2.27December 31 for the Virginia Fire Department Relief Association.
2.28    If there is no unfunded actuarial accrued liability in both the Minneapolis Police
2.29Relief Association and the Minneapolis Fire Department Relief Association as disclosed
2.30in the most recent actuarial valuations for the relief associations prepared under sections
2.31356.215 and 356.216, the commissioner shall allocate that 34.2 percent of the aid as
2.32follows: 49 percent to the Teachers Retirement Association, 21 percent to the St. Paul
2.33Teachers Retirement Fund Association, and 30 percent as additional funding to support
2.34minimum fire state aid for volunteer firefighters relief associations. If there is no unfunded
2.35actuarial accrued liability in the Virginia Fire Department Relief Association as disclosed
2.36in the most recent actuarial valuation for the relief association prepared under sections
3.1356.215 and 356.216, the commissioner shall allocate that 1.3 percent of the aid as
3.2follows: 49 percent to the Teachers Retirement Association, 21 percent to the St. Paul
3.3Teachers Retirement Fund Association, and 30 percent as additional funding to support
3.4minimum fire state aid for volunteer firefighters relief associations. Upon the final
3.5payment to municipalities required by section 353.665, subdivision 8, paragraph (b),
3.6or 353A.09, subdivision 5, paragraph (b), the commissioner shall allocate that 64.5
3.7percent of the aid as follows: 20 percent to the St. Paul Teachers Retirement Fund
3.8Association, 20 percent to the city of Minneapolis to fund any unfunded actuarial accrued
3.9liability in the actuarial valuation proposed under sections 356.215 and 356.216 as of the
3.10preceding December 31 for the Minneapolis Police Relief Association or the Minneapolis
3.11Firefighters Relief Association, 20 percent for the city of Duluth to pay for any costs
3.12associated with the police and firefighters pensions, and 40 percent as additional funding to
3.13support minimum fire state aid for volunteer firefighters relief associations. The allocation
3.14must be made by the commissioner at the same time and under the same procedures
3.15as specified in subdivision 3. With respect to the St. Paul Teachers Retirement Fund
3.16Association, annually, beginning on July 1, 2005, if the applicable teacher's association
3.17five-year average time-weighted rate of investment return does not equal or exceed the
3.18performance of a composite portfolio assumed passively managed (indexed) invested ten
3.19percent in cash equivalents, 60 percent in bonds and similar debt securities, and 30 percent
3.20in domestic stock calculated using the formula under section 11A.04, clause (11), the aid
3.21allocation to that retirement fund under this section ceases until the five-year annual rate
3.22of investment return equals or exceeds the performance of that composite portfolio.
3.23    (d) The amounts required under this subdivision are the amounts annually
3.24appropriated to the commissioner of revenue under section 69.021, subdivision 11,
3.25paragraph (e).
3.26EFFECTIVE DATE.This section is effective retroactively for fiscal year 2004, aid
3.27payable in 2003, and thereafter.

3.28    Sec. 23. Minnesota Statutes 2008, section 423A.02, subdivision 3, is amended to read:
3.29    Subd. 3. Reallocation of amortization or supplementary amortization state
3.30aid. (a) Seventy percent of the difference between $5,720,000 and the current year
3.31amortization aid or and supplemental amortization aid distributed under subdivisions 1
3.32and 1a that is not distributed for any reason to a municipality for use by a local police
3.33or salaried fire relief association must be distributed by the commissioner of revenue
3.34according to this paragraph. The commissioner shall distribute 70 percent of the amounts
3.35derived under this paragraph to the Teachers Retirement Association and 30 percent to the
4.1St. Paul Teachers Retirement Fund Association to fund the unfunded actuarial accrued
4.2liabilities of the respective funds. These payments shall be made on or before June 30
4.3each fiscal year. The amount required under this paragraph is appropriated annually from
4.4the general fund to the commissioner of revenue. If the St. Paul Teachers Retirement Fund
4.5Association becomes fully funded, its eligibility for this aid ceases. Amounts remaining
4.6in the undistributed balance account at the end of the biennium if aid eligibility ceases
4.7cancel to the general fund.
4.8    (b) In order to receive amortization and supplementary amortization aid under
4.9paragraph (a), Independent School District No. 625, St. Paul, must make contributions
4.10to the St. Paul Teachers Retirement Fund Association in accordance with the following
4.11schedule:

4.12		Fiscal Year		Amount
4.13		1996	$	0
4.14		1997	$	0
4.15		1998	$	200,000
4.16		1999	$	400,000
4.17		2000	$	600,000
4.18		2001 and thereafter	$	800,000

4.19    (c) Special School District No. 1, Minneapolis, and the city of Minneapolis must
4.20each make contributions to the Teachers Retirement Association in accordance with the
4.21following schedule:

4.22 4.23		Fiscal Year	City amount			School district amount
4.24		1996	$	0		$	0
4.25		1997	$	0		$	0
4.26		1998	$	250,000		$	250,000
4.27		1999	$	400,000		$	400,000
4.28		2000	$	550,000		$	550,000
4.29		2001	$	700,000		$	700,000
4.30		2002	$	850,000		$	850,000
4.31		2003 and thereafter	$	1,000,000		$	1,000,000

4.32    (d) Money contributed under paragraph (a) and either paragraph (b) or (c), as
4.33applicable, must be credited to a separate account in the applicable teachers retirement
4.34fund and may not be used in determining any benefit increases. The separate account
4.35terminates for a fund when the aid payments to the fund under paragraph (a) cease.
4.36    (e) Thirty percent of the difference between $5,720,000 and the current year
4.37amortization aid or and supplemental amortization aid under subdivisions 1 and 1a that
4.38is not distributed for any reason to a municipality for use by a local police or salaried
4.39firefighter relief association must be distributed under section 69.021, subdivision 7,
5.1paragraph (d), as additional funding to support a minimum fire state aid amount for
5.2volunteer firefighter relief associations. The amount required under this paragraph is
5.3appropriated annually to the commissioner of revenue.
5.4EFFECTIVE DATE.This section is effective retroactively for fiscal year 2004, aid
5.5payable in 2003, and thereafter.

5.6    Sec. 24. Minnesota Statutes 2008, section 423A.02, is amended by adding a
5.7subdivision to read:
5.8    Subd. 3a. Appropriations for amortization aid, supplementary amortization
5.9state aid, and amortization state aid and supplementary state aid reallocations.
5.10$4,720,000 is annually appropriated from the general fund to the commissioner of revenue
5.11for amortization state aid under subdivision 1 and for the reallocation of amortization aid
5.12under subdivision 3. $1,000,000 is annually appropriated from the general fund to the
5.13commissioner of revenue for supplementary amortization state aid under subdivision 1a
5.14and for the reallocation of supplementary amortization state aid under subdivision 3.
5.15EFFECTIVE DATE.This section is effective retroactively for fiscal year 2004, aid
5.16payable in 2003, and thereafter."
5.17Page 55, line 23, delete "as provided in section 477A.011, subdivisions 3 and 35"
5.18and insert "for the levies used to calculate maximum increases and decreases under section
5.19477A.013, subdivision 9, paragraphs (b), (c), and (d)"
5.20Page 56, delete article 5
5.21Page 68, delete section 1
5.22Page 69, after line 18, insert:

5.23    "Sec. 3. Minnesota Statutes 2008, section 270C.12, is amended by adding a subdivision
5.24to read:
5.25    Subd. 5. Duration. Notwithstanding the provisions of any statutes to the contrary,
5.26including section 15.059, the coordinating committee as established by this section to
5.27oversee and coordinate preparation of the microdata samples of income tax returns and
5.28other information does not expire.
5.29EFFECTIVE DATE.This section is effective the day following final enactment."
5.30Renumber the sections in sequence and correct the internal references
5.31Renumber the articles in sequence and correct the internal references
5.32Amend the title accordingly