Texas 2017 - 85th Regular

Texas House Bill HB945 Latest Draft

Bill / Introduced Version Filed 01/11/2017

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                            85R5089 CAE-F
 By: Paul H.B. No. 945


 A BILL TO BE ENTITLED
 AN ACT
 relating to an allotment under the public school finance system for
 the cost of windstorm and hail insurance.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Subchapter C, Chapter 42, Education Code, is
 amended by adding Section 42.161 to read as follows:
 Sec. 42.161.  WINDSTORM AND HAIL INSURANCE ALLOTMENT. A
 school district that contracts for windstorm and hail insurance is
 entitled to receive an allotment equal to the total amount required
 to be paid for the insurance, not to exceed an amount specified by
 commissioner rule.
 SECTION 2.  This Act takes effect September 1, 2017.