| 1 | 1 | | 85R3397 KJE-D |
|---|
| 2 | 2 | | By: Dutton H.B. No. 94 |
|---|
| 3 | 3 | | |
|---|
| 4 | 4 | | |
|---|
| 5 | 5 | | A BILL TO BE ENTITLED |
|---|
| 6 | 6 | | AN ACT |
|---|
| 7 | 7 | | relating to the basic allotment and the equalized wealth level |
|---|
| 8 | 8 | | under the public school finance system. |
|---|
| 9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|---|
| 10 | 10 | | SECTION 1. Section 42.101(a), Education Code, is amended to |
|---|
| 11 | 11 | | read as follows: |
|---|
| 12 | 12 | | (a) For each student in average daily attendance, not |
|---|
| 13 | 13 | | including the time students spend each day in special education |
|---|
| 14 | 14 | | programs in an instructional arrangement other than mainstream or |
|---|
| 15 | 15 | | career and technology education programs, for which an additional |
|---|
| 16 | 16 | | allotment is made under Subchapter C, a district is entitled to an |
|---|
| 17 | 17 | | allotment equal to the lesser of $5,800 [$4,765] or the amount that |
|---|
| 18 | 18 | | results from the following formula: |
|---|
| 19 | 19 | | A = $5,800 [$4,765] X (DCR/MCR) |
|---|
| 20 | 20 | | where: |
|---|
| 21 | 21 | | "A" is the allotment to which a district is entitled; |
|---|
| 22 | 22 | | "DCR" is the district's compressed tax rate, which is the |
|---|
| 23 | 23 | | product of the state compression percentage, as determined under |
|---|
| 24 | 24 | | Section 42.2516, multiplied by the maintenance and operations tax |
|---|
| 25 | 25 | | rate adopted by the district for the 2005 tax year; and |
|---|
| 26 | 26 | | "MCR" is the state maximum compressed tax rate, which is the |
|---|
| 27 | 27 | | product of the state compression percentage, as determined under |
|---|
| 28 | 28 | | Section 42.2516, multiplied by $1.50. |
|---|
| 29 | 29 | | SECTION 2. This Act takes effect September 1, 2017. |
|---|