School district levy amounts made eligible for school building bond agricultural credit.

This bill allows school districts in Minnesota to use agricultural credit for certain debt service payments on school building bonds. It directly affects school districts, particularly those spanning multiple counties, by clarifying which portions of their tax levies qualify for this agricultural credit. The key provision updates the definition of "levied for debt service" to include specific bond levies and cooperative unit assessments, while excluding amounts used for other postemployment benefits. The changes will take effect starting with taxes payable in 2027.