84R7819 CAE-D By: VanDeaver H.B. No. 1474 A BILL TO BE ENTITLED AN ACT relating to the placement of money in the state instructional materials fund for public schools to use to purchase instructional materials. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 43.001, Education Code, is amended by amending Subsection (d) and adding Subsection (e) to read as follows: (d) Each biennium [year] the State Board of Education shall set aside an amount equal to 50 percent of the [annual] distribution for that biennium [year] from the permanent school fund to the available school fund as provided by Section 5(a), Article VII, Texas Constitution, to be placed, subject to the General Appropriations Act, in the state instructional materials fund established under Section 31.021. (e) An amount of money equal to the total biennium distribution required by Subsection (d) shall be placed in the state instructional materials fund not later than the 30th day after the date the first fiscal year of the biennium begins. SECTION 2. Section 403.093(d), Government Code, is amended to read as follows: (d) The comptroller shall transfer from the general revenue fund to the foundation school fund an amount of money necessary to fund the foundation school program as provided by Chapter 42, Education Code. The comptroller shall make the transfers in installments as necessary to comply with Section 42.259, Education Code, and permit the Texas Education Agency, to the extent authorized by the General Appropriations Act, to make temporary transfers from the foundation school fund for payment of the instructional materials allotment under Section 31.0211, Education Code. Unless an earlier date is necessary for purposes of temporary transfers for payment of the instructional materials allotment, an [An] installment must be made not earlier than two days before the date an installment to school districts is required by Section 42.259, Education Code, and must not exceed the amount necessary for that payment and any temporary transfers for payment of the instructional materials allotment. SECTION 3. This Act takes effect September 1, 2015.