Texas 2017 - 85th Regular

Texas House Bill HB2084 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	85R8897 MEW-D
2	2	By: González of El Paso H.B. No. 2084
3	3
4	4
5	5	A BILL TO BE ENTITLED
6	6	AN ACT
7	7	relating to the guaranteed level of state and local funds for the
8	8	instructional facilities allotment and the existing debt allotment
9	9	under the public school finance system.
10	10	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
11	11	SECTION 1. Section 46.003, Education Code, is amended by
12	12	amending Subsection (a) and adding Subsections (a-1) and (a-2) to
13	13	read as follows:
14	14	(a) For each year, except as provided by Sections 46.005 and
15	15	46.006, a school district is guaranteed a specified amount per
16	16	student in state and local funds for each cent of tax effort, up to
17	17	the maximum rate under Subsection (b), to pay the principal of and
18	18	interest on eligible bonds issued to construct, acquire, renovate,
19	19	or improve an instructional facility. The amount of state support
20	20	is determined by the formula:
21	21	FYA = (FYL X ADA X BTR X 100) - (BTR X (DPV/100))
22	22	where:
23	23	"FYA" is the guaranteed facilities yield amount of state
24	24	funds allocated to the district for the year;
25	25	"FYL" is the dollar amount guaranteed level of state and
26	26	local funds per student per cent of tax effort, which is the amount
27	27	of district tax revenue per student in average daily attendance per
28	28	cent of tax effort available to a district at the 88th percentile in
29	29	wealth per student in average daily attendance, as determined by
30	30	the commissioner in cooperation with the Legislative Budget Board,
31	31	[$35] or a greater amount for any year provided by appropriation;
32	32	"ADA" is the greater of the number of students in average
33	33	daily attendance, as determined under Section 42.005, in the
34	34	district or 400;
35	35	"BTR" is the district's bond tax rate for the current year,
36	36	which is determined by dividing the amount budgeted by the district
37	37	for payment of eligible bonds by the quotient of the district's
38	38	taxable value of property as determined under Subchapter M, Chapter
39	39	403, Government Code, or, if applicable, Section 42.2521, divided
40	40	by 100; and
41	41	"DPV" is the district's taxable value of property as
42	42	determined under Subchapter M, Chapter 403, Government Code, or, if
43	43	applicable, Section 42.2521.
44	44	(a-1) The percentile in wealth per student described by
45	45	Subsection (a) for purposes of determining the dollar amount
46	46	guaranteed level of state and local funds ("FYL") applies beginning
47	47	with the 2025-2026 school year. For the 2017-2018 through
48	48	2024-2025 school years, "FYL" is determined as follows:
49	49	(1) for the 2017-2018 and 2018-2019 school years,
50	50	"FYL" is determined under Subsection (a) using the 52nd percentile
51	51	in wealth per student;
52	52	(2) for the 2019-2020 and 2020-2021 school years,
53	53	"FYL" is determined under Subsection (a) using the 61st percentile
54	54	in wealth per student;
55	55	(3) for the 2021-2022 and 2022-2023 school years,
56	56	"FYL" is determined under Subsection (a) using the 70th percentile
57	57	in wealth per student; and
58	58	(4) for the 2023-2024 and 2024-2025 school years,
59	59	"FYL" is determined under Subsection (a) using the 79th percentile
60	60	in wealth per student.
61	61	(a-2) Subsection (a-1) and this subsection expire September
62	62	1, 2026.
63	63	SECTION 2. Section 46.032, Education Code, is amended by
64	64	amending Subsection (a) and adding Subsections (a-1) and (a-2) to
65	65	read as follows:
66	66	(a) Each school district is guaranteed a specified amount
67	67	per student in state and local funds for each cent of tax effort to
68	68	pay the principal of and interest on eligible bonds. The amount of
69	69	state support, subject only to the maximum amount under Section
70	70	46.034, is determined by the formula:
71	71	EDA = (EDGL X ADA X EDTR X 100) - (EDTR X (DPV/100))
72	72	where:
73	73	"EDA" is the amount of state funds to be allocated to the
74	74	district for assistance with existing debt;
75	75	"EDGL" is the dollar amount guaranteed level of state and
76	76	local funds per student per cent of tax effort, which is the amount
77	77	of district tax revenue per student in average daily attendance per
78	78	cent of tax effort available to a district at the 88th percentile in
79	79	wealth per student in average daily attendance, as determined by
80	80	the commissioner in cooperation with the Legislative Budget Board,
81	81	[$35] or a greater amount for any year provided by appropriation;
82	82	"ADA" is the number of students in average daily attendance,
83	83	as determined under Section 42.005, in the district;
84	84	"EDTR" is the existing debt tax rate of the district, which is
85	85	determined by dividing the amount budgeted by the district for
86	86	payment of eligible bonds by the quotient of the district's taxable
87	87	value of property as determined under Subchapter M, Chapter 403,
88	88	Government Code, or, if applicable, under Section 42.2521, divided
89	89	by 100; and
90	90	"DPV" is the district's taxable value of property as
91	91	determined under Subchapter M, Chapter 403, Government Code, or, if
92	92	applicable, under Section 42.2521.
93	93	(a-1) The percentile in wealth per student described by
94	94	Subsection (a) for purposes of determining the dollar amount
95	95	guaranteed level of state and local funds ("EDGL") applies
96	96	beginning with the 2025-2026 school year. For the 2017-2018
97	97	through 2024-2025 school years, "EDGL" is determined as follows:
98	98	(1) for the 2017-2018 and 2018-2019 school years,
99	99	"EDGL" is determined under Subsection (a) using the 52nd percentile
100	100	in wealth per student;
101	101	(2) for the 2019-2020 and 2020-2021 school years,
102	102	"EDGL" is determined under Subsection (a) using the 61st percentile
103	103	in wealth per student;
104	104	(3) for the 2021-2022 and 2022-2023 school years,
105	105	"EDGL" is determined under Subsection (a) using the 70th percentile
106	106	in wealth per student; and
107	107	(4) for the 2023-2024 and 2024-2025 school years,
108	108	"EDGL" is determined under Subsection (a) using the 79th percentile
109	109	in wealth per student.
110	110	(a-2) Subsection (a-1) and this subsection expire September
111	111	1, 2026.
112	112	SECTION 3. This Act takes effect September 1, 2017.