84R6852 KKA-D
By: Rinaldi H.B. No. 1411
A BILL TO BE ENTITLED
AN ACT
relating to the cost of an attendance credit under the public school
finance system.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. This Act may be cited as the Robin Hood Relief
Act.
SECTION 2. Section 41.093, Education Code, is amended by
amending Subsection (a) and adding Subsection (b-2) to read as
follows:
(a) Subject to Subsections [Subsection] (b-1) and (b-2),
the cost of each credit is an amount equal to the greater of:
(1) the amount of the district's maintenance and
operations tax revenue per student in weighted average daily
attendance for the school year for which the contract is executed;
or
(2) the amount of the statewide district average of
maintenance and operations tax revenue per student in weighted
average daily attendance for the school year preceding the school
year for which the contract is executed.
(b-2) If the amount of maintenance and operations tax
revenue expended by a school district per student in weighted
average daily attendance exceeds the amount expended during the
preceding school year, the cost of an attendance credit for the
district is reduced by the percentage by which the current
expenditure per student exceeds the expenditure per student during
the preceding school year.
SECTION 3. This Act takes effect September 1, 2015.