| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | By: Hinojosa H.B. No. 3661 | |
| 2 | 2 | ||
| 3 | 3 | ||
| 4 | 4 | A BILL TO BE ENTITLED | |
| 5 | 5 | AN ACT | |
| 6 | 6 | relating to adjustments for school districts participating in | |
| 7 | 7 | social security. | |
| 8 | 8 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 9 | 9 | SECTION 1. Subchapter D, Chapter 41, Education Code, is | |
| 10 | 10 | amended to read as follows: | |
| 11 | 11 | Sec. 41.093. COST. (a) Subject to Subsection (b-1), the | |
| 12 | 12 | cost of each credit is an amount equal to the greater of: | |
| 13 | 13 | (1) the amount of the district's maintenance and | |
| 14 | 14 | operations tax revenue per student in weighted average daily | |
| 15 | 15 | attendance for the school year for which the contract is executed; | |
| 16 | 16 | or | |
| 17 | 17 | (2) the amount of the statewide district average of | |
| 18 | 18 | maintenance and operations tax revenue per student in weighted | |
| 19 | 19 | average daily attendance for the school year preceding the school | |
| 20 | 20 | year for which the contract is executed. | |
| 21 | 21 | (b) For purposes of this section, a school district's | |
| 22 | 22 | maintenance and operations tax revenue does not include any amounts | |
| 23 | 23 | paid into a tax increment fund under Chapter 311, Tax Code or the | |
| 24 | 24 | amount the district is required to provide social security | |
| 25 | 25 | coverage, as defined by Section 606.001, Government Code, for | |
| 26 | 26 | district employees. |