By: Martinez Fischer H.B. No. 125
A BILL TO BE ENTITLED
AN ACT
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elating to studying the cost of education index.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Chapter 322, Government Code, is amended by
adding new Section 322.025 to read as follows:
Sec. 322.025. COST OF EDUCATION STUDY. It is the intent of
the legislature that the Legislative Budget Board, using funds
appropriated by this Act, shall conduct a study on the cost of
education index adjustment contained in Chapter 203, Title 19,
Texas Administrative Code. The study must be based on the most
recent information available regarding costs incurred by school
districts throughout the state and must propose a formula for the
calculation of each public school district's cost of education
index that may be used by the Texas Education Agency in determining
each district's state aid for the 2016-2017 school year and
subsequent school years. The Legislative Budget Board shall issue
recommendations arising from the study to the legislature, the
governor, and the lieutenant governor not later than January 1,
2017.