81R4974 KKA-D By: Hancock H.B. No. 3828 A BILL TO BE ENTITLED AN ACT relating to equitable funding under the public school finance system. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter E, Chapter 42, Education Code, is amended by adding Section 42.25162 to read as follows: Sec. 42.25162. ADJUSTMENT TO INCREASE EQUITY. (a) In this section: (1) "Wealth per student" has the meaning assigned by Section 41.001. (2) "Weighted average daily attendance" has the meaning assigned by Section 42.302. (b) Notwithstanding any other provision of this title, the commissioner shall make adjustments to amounts due to a school district under this chapter or to amounts necessary for a district to comply with the requirements of Chapter 41 as appropriate to reduce by $1,000 the difference, as calculated on the basis of funding provided for the 2008-2009 school year, between: (1) the amount of state and local revenue per student in weighted average daily attendance available to a district at the highest wealth per student in this state; and (2) the amount of state and local revenue per student in weighted average daily attendance available to a district at the lowest wealth per student in this state. SECTION 2. This Act takes effect September 1, 2009.