81R6530 PAM-D By: Ellis S.B. No. 701 A BILL TO BE ENTITLED AN ACT relating to state assistance to fund public school instructional facilities that meet certain design and construction, renovation, or improvement standards. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 46.003(a), Education Code, is amended to read as follows: (a) For each year, except as provided by Sections 46.005 and 46.006, a school district is guaranteed a specified amount per student in state and local funds for each cent of tax effort, up to the maximum rate under Subsection (b), to pay the principal of and interest on eligible bonds issued to construct, acquire, renovate, or improve an instructional facility. The amount of state support is determined by the formula: FYA = (FYL X ADA X BTR X 100) - (BTR X (DPV/100)) where: "FYA" is the guaranteed facilities yield amount of state funds allocated to the district for the year; "FYL" is the dollar amount guaranteed level of state and local funds per student per cent of tax effort, which is $35 or a greater amount for any year provided by appropriation or provided for under Section 46.0031; "ADA" is the greater of the number of students in average daily attendance, as determined under Section 42.005, in the district or 400; "BTR" is the district's bond tax rate for the current year, which is determined by dividing the amount budgeted by the district for payment of eligible bonds by the quotient of the district's taxable value of property as determined under Subchapter M, Chapter 403, Government Code, or, if applicable, Section 42.2521, divided by 100; and "DPV" is the district's taxable value of property as determined under Subchapter M, Chapter 403, Government Code, or, if applicable, Section 42.2521. SECTION 2. Subchapter A, Chapter 46, Education Code, is amended by adding Section 46.0031 to read as follows: Sec. 46.0031. INCREASED ALLOTMENT AMOUNT FOR INSTRUCTIONAL FACILITIES USING HIGH-PERFORMANCE, SUSTAINABLE DESIGN AND CONSTRUCTION, RENOVATION, OR IMPROVEMENT STANDARDS. (a) This section applies to state support to pay the principal and interest only on eligible bonds as provided by Section 46.003(e) issued for the design and construction or acquisition of an instructional facility described by Subsection (b) or for the renovation or improvement of an instructional facility described by Subsection (b) the cost of which is more than 50 percent of the value of the facility. (b) An instructional facility to which this section applies must be designed and constructed, renovated, or improved so that the facility achieves certification under a high-performance building standard that: (1) exceeds, by at least 15 percent, building code standards for energy and water efficiency existing at the beginning of construction, renovation, or improvement; (2) establishes minimum requirements for indoor air quality; (3) requires substantiating documentation for certification; (4) employs third-party, postconstruction measurement and verification for certification; and (5) is determined by the state energy conservation office to be nationally recognized in the building industry. (c) For an instructional facility to which this section applies, the dollar amount guaranteed level of state and local funds per student per cent of tax effort ("FYL") under Section 46.003(a) is an amount equal to the amount specified by Section 46.003(a) or by appropriation, as applicable, plus 10 percent of the applicable amount. (d) This section applies only if a sufficient amount of money is appropriated to fund the minimum increased amount under Subsection (c) for each year of the state fiscal biennium beginning September 1, 2009. This subsection expires September 1, 2011. SECTION 3. Section 46.032(a), Education Code, is amended to read as follows: (a) Each school district is guaranteed a specified amount per student in state and local funds for each cent of tax effort to pay the principal of and interest on eligible bonds. The amount of state support, subject only to the maximum amount under Section 46.034, is determined by the formula: EDA = (EDGL X ADA X EDTR X 100) - (EDTR X (DPV/100)) where: "EDA" is the amount of state funds to be allocated to the district for assistance with existing debt; "EDGL" is the dollar amount guaranteed level of state and local funds per student per cent of tax effort, which is $35 or a greater amount for any year provided by appropriation or provided for under Section 46.0321; "ADA" is the number of students in average daily attendance, as determined under Section 42.005, in the district; "EDTR" is the existing debt tax rate of the district, which is determined by dividing the amount budgeted by the district for payment of eligible bonds by the quotient of the district's taxable value of property as determined under Subchapter M, Chapter 403, Government Code, or, if applicable, under Section 42.2521, divided by 100; and "DPV" is the district's taxable value of property as determined under Subchapter M, Chapter 403, Government Code, or, if applicable, under Section 42.2521. SECTION 4. Subchapter B, Chapter 46, Education Code, is amended by adding Section 46.0321 to read as follows: Sec. 46.0321. INCREASED ALLOTMENT AMOUNT FOR INSTRUCTIONAL FACILITIES USING HIGH-PERFORMANCE, SUSTAINABLE DESIGN AND CONSTRUCTION, RENOVATION, OR IMPROVEMENT STANDARDS. (a) This section applies to state support to pay existing debt only for the design and construction or acquisition of an instructional facility described by Subsection (b) or for the renovation or improvement of an instructional facility described by Subsection (b) the cost of which is more than 50 percent of the value of the facility. (b) An instructional facility to which this section applies must be designed and constructed, renovated, or improved so that the facility achieves certification under a high-performance building standard that: (1) exceeds, by at least 15 percent, building code standards for energy and water efficiency existing at the beginning of construction, renovation, or improvement; (2) establishes minimum requirements for indoor air quality; (3) requires substantiating documentation for certification; (4) employs third-party, postconstruction measurement and verification for certification; and (5) is determined by the state energy conservation office to be nationally recognized in the building industry. (c) For an instructional facility to which this section applies, the dollar amount guaranteed level of state and local funds per student per cent of tax effort ("EDGL") under Section 46.032(a) is increased to an amount equal to the amount specified by Section 46.032(a) or by appropriation, as applicable, plus 10 percent of the applicable amount. SECTION 5. This Act takes effect September 1, 2009.