Texas 2015 - 84th Regular

Texas House Bill HB125 Compare Versions

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11 By: Martinez Fischer H.B. No. 125
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44 A BILL TO BE ENTITLED
55 AN ACT
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77 elating to studying the cost of education index.
88 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
99 SECTION 1. Chapter 322, Government Code, is amended by
1010 adding new Section 322.025 to read as follows:
1111 Sec. 322.025. COST OF EDUCATION STUDY. It is the intent of
1212 the legislature that the Legislative Budget Board, using funds
1313 appropriated by this Act, shall conduct a study on the cost of
1414 education index adjustment contained in Chapter 203, Title 19,
1515 Texas Administrative Code. The study must be based on the most
1616 recent information available regarding costs incurred by school
1717 districts throughout the state and must propose a formula for the
1818 calculation of each public school district's cost of education
1919 index that may be used by the Texas Education Agency in determining
2020 each district's state aid for the 2016-2017 school year and
2121 subsequent school years. The Legislative Budget Board shall issue
2222 recommendations arising from the study to the legislature, the
2323 governor, and the lieutenant governor not later than January 1,
2424 2017.