Texas 2015 - 84th Regular

Texas Senate Bill SB945 Compare Versions

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1	1	By: Taylor of Galveston, et al. S.B. No. 945
2	2	(Aycock)
3	3
4	4
5	5	A BILL TO BE ENTITLED
6	6	AN ACT
7	7	relating to funding under the public school finance system for a
8	8	school district with a compressed tax rate below the state maximum
9	9	compressed tax rate.
10	10	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
11	11	SECTION 1. Section 41.002(a), Education Code, is amended to
12	12	read as follows:
13	13	(a) A school district may not have a wealth per student that
14	14	exceeds:
15	15	(1) the wealth per student that generates the amount
16	16	of maintenance and operations tax revenue per weighted student
17	17	available to a district with maintenance and operations tax revenue
18	18	per cent of tax effort equal to the maximum amount provided per cent
19	19	under Section 42.101(a) or (b), for the district's maintenance and
20	20	operations tax effort equal to or less than the rate equal to the
21	21	sum of the product of the state compression percentage, as
22	22	determined under Section 42.2516, multiplied by the maintenance and
23	23	operations tax rate adopted by the district for the 2005 tax year
24	24	and any additional tax effort included in calculating the
25	25	district's compressed tax rate under Section 42.101(a-1);
26	26	(2) the wealth per student that generates the amount
27	27	of maintenance and operations tax revenue per weighted student
28	28	available to the Austin Independent School District, as determined
29	29	by the commissioner in cooperation with the Legislative Budget
30	30	Board, for the first six cents by which the district's maintenance
31	31	and operations tax rate exceeds the rate equal to the sum of the
32	32	product of the state compression percentage, as determined under
33	33	Section 42.2516, multiplied by the maintenance and operations tax
34	34	rate adopted by the district for the 2005 tax year and any
35	35	additional tax effort included in calculating the district's
36	36	compressed tax rate under Section 42.101(a-1), subject to Section
37	37	41.093(b-1); or
38	38	(3) $319,500, for the district's maintenance and
39	39	operations tax effort that exceeds the amount of tax effort
40	40	described by Subdivision (2) [first six cents by which the
41	41	district's maintenance and operations tax effort exceeds the rate
42	42	equal to the product of the state compression percentage, as
43	43	determined under Section 42.2516, multiplied by the maintenance and
44	44	operations tax rate adopted by the district for the 2005 tax year].
45	45	SECTION 2. Section 41.093(b-1), Education Code, is amended
46	46	to read as follows:
47	47	(b-1) If the guaranteed level of state and local funds per
48	48	weighted student per cent of tax effort under Section
49	49	42.302(a-1)(1) for which state funds are appropriated for a school
50	50	year is an amount at least equal to the amount of revenue per
51	51	weighted student per cent of tax effort available to the Austin
52	52	Independent School District, as determined by the commissioner in
53	53	cooperation with the Legislative Budget Board, the commissioner, in
54	54	computing the amounts described by Subsections (a)(1) and (2) and
55	55	determining the cost of an attendance credit, shall exclude
56	56	maintenance and operations tax revenue resulting from the tax rate
57	57	described by Section 41.002(a)(2) [first six cents by which a
58	58	district's maintenance and operations tax rate exceeds the rate
59	59	equal to the product of the state compression percentage, as
60	60	determined under Section 42.2516, multiplied by the maintenance and
61	61	operations tax rate adopted by the district for the 2005 tax year].
62	62	SECTION 3. Section 42.101, Education Code, as effective
63	63	September 1, 2015, is amended by adding Subsections (a-1), (a-2),
64	64	and (c) to read as follows:
65	65	(a-1) Notwithstanding Subsection (a), for a school district
66	66	that adopted a maintenance and operations tax rate for the 2005 tax
67	67	year below the maximum rate permitted by law for that year, the
68	68	district's compressed tax rate ("DCR") includes the portion of the
69	69	district's current maintenance and operations tax rate in excess of
70	70	the first six cents above the district's compressed tax rate, as
71	71	defined by Subsection (a), until the district's compressed tax rate
72	72	computed in accordance with this subsection is equal to the state
73	73	maximum compressed tax rate ("MCR").
74	74	(a-2) Subsection (a-1) applies beginning with the 2017-2018
75	75	school year. For the 2015-2016 and 2016-2017 school years, the
76	76	board of trustees of a school district that adopted a maintenance
77	77	and operations tax rate for the 2005 tax year below the maximum rate
78	78	permitted by law for that year may choose to apply Subsection (a-1)
79	79	to the calculation of the district's compressed tax rate ("DCR"). A
80	80	board of trustees that chooses to apply Subsection (a-1) must
81	81	notify the commissioner of the decision in writing not later than
82	82	September 1 of the affected school year. This subsection expires
83	83	September 1, 2018.
84	84	(c) This subsection applies to a school district for which
85	85	the compressed tax rate ("DCR") is determined in accordance with
86	86	Subsection (a-1). Any reduction in the district's adopted
87	87	maintenance and operations tax rate is applied to the following
88	88	components of the district's tax rate in the order specified:
89	89	(1) tax effort described by Section 42.302(a-1)(2);
90	90	(2) tax effort described by Section 42.302(a-1)(1);
91	91	and
92	92	(3) tax effort included in the determination of the
93	93	district's compressed tax rate ("DCR") under Subsection (a-1).
94	94	SECTION 4. Section 42.2516, Education Code, is amended by
95	95	adding Subsection (c-1) to read as follows:
96	96	(c-1) Revenue generated by the portion of a district's
97	97	maintenance and operations tax rate included in calculating the
98	98	district's compressed tax rate under Section 42.101(a-1) and local
99	99	share under Section 42.252(a-1) is included in determining the
100	100	amount to which a district is entitled under this section, but may
101	101	not increase the total amount of revenue per weighted student to
102	102	which the district is entitled under this section. This subsection
103	103	expires September 1, 2017.
104	104	SECTION 5. Section 42.252, Education Code, is amended by
105	105	adding Subsection (a-1) to read as follows:
106	106	(a-1) Notwithstanding Subsection (a), for a school district
107	107	that adopted a maintenance and operations tax rate for the 2005 tax
108	108	year below the maximum rate permitted by law for that year, the
109	109	district's tax rate ("TR") includes the tax effort included in
110	110	calculating the district's compressed tax rate under Section
111	111	42.101(a-1).
112	112	SECTION 6. Section 42.302(a-1), Education Code, is amended
113	113	to read as follows:
114	114	(a-1) [In this section, "wealth per student" has the meaning
115	115	assigned by Section 41.001.] For purposes of Subsection (a), the
116	116	dollar amount guaranteed level of state and local funds per
117	117	weighted student per cent of tax effort ("GL") for a school district
118	118	is:
119	119	(1) the greater of the amount of district tax revenue
120	120	per weighted student per cent of tax effort that would be available
121	121	to the Austin Independent School District, as determined by the
122	122	commissioner in cooperation with the Legislative Budget Board, if
123	123	the reduction of the limitation on tax increases as provided by
124	124	Section 11.26(a-1), (a-2), or (a-3), Tax Code, did not apply, or the
125	125	amount of district tax revenue per weighted student per cent of tax
126	126	effort used for purposes of this subdivision in the preceding
127	127	school year, for the first six cents by which the district's
128	128	maintenance and operations tax rate exceeds the rate equal to the
129	129	sum of the product of the state compression percentage, as
130	130	determined under Section 42.2516, multiplied by the maintenance and
131	131	operations tax rate adopted by the district for the 2005 tax year
132	132	and any additional tax effort included in calculating the
133	133	district's compressed tax rate under Section 42.101(a-1); and
134	134	(2) $31.95, for the district's maintenance and
135	135	operations tax effort that exceeds the amount of tax effort
136	136	described by Subdivision (1).
137	137	SECTION 7. This Act takes effect September 1, 2015.