Certain school district lease levy amounts eligibility for the school building bond agricultural credit authorization provision

This bill updates Minnesota law to allow certain school district lease levy amounts to qualify for agricultural credit authorization associated with school building bonds. It directly affects school districts in Minnesota that levy taxes for debt service, particularly those operating across multiple counties or using cooperative units. The key provision clarifies how to calculate the portion of a levy designated for debt service, including amounts from specific bond sections and cooperative unit contributions, while excluding certain postemployment benefit repayments. These changes will take effect starting with taxes payable in 2027.