| 4 | 6 | | AN ACT |
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| 5 | 7 | | relating to financial accountability standards for charter schools |
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| 6 | 8 | | operated by a public institution of higher education. |
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| 7 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 8 | 10 | | SECTION 1. Section 39.082, Education Code, is amended by |
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| 9 | 11 | | adding Subsection (e-1) to read as follows: |
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| 10 | 12 | | (e-1) The financial performance of a charter school |
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| 11 | 13 | | operated by a public institution of higher education under |
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| 12 | 14 | | Subchapter D or E, Chapter 12, shall be evaluated using only the |
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| 13 | 15 | | indicators adopted under this section determined by the |
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| 14 | 16 | | commissioner by rule as appropriate to accurately measure the |
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| 15 | 17 | | financial performance of such charter schools. |
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| 16 | 18 | | SECTION 2. This Act takes effect immediately if it receives |
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| 17 | 19 | | a vote of two-thirds of all the members elected to each house, as |
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| 18 | 20 | | provided by Section 39, Article III, Texas Constitution. If this |
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| 19 | 21 | | Act does not receive the vote necessary for immediate effect, this |
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| 20 | 22 | | Act takes effect September 1, 2017. |
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| 21 | | - | ______________________________ ______________________________ |
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| 22 | | - | President of the Senate Speaker of the House |
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| 23 | | - | I hereby certify that S.B. No. 1837 passed the Senate on |
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| 24 | | - | April 26, 2017, by the following vote: Yeas 31, Nays 0. |
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| 25 | | - | ______________________________ |
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| 26 | | - | Secretary of the Senate |
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| 27 | | - | I hereby certify that S.B. No. 1837 passed the House on |
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| 28 | | - | May 19, 2017, by the following vote: Yeas 144, Nays 0, two |
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| 29 | | - | present not voting. |
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| 30 | | - | ______________________________ |
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| 31 | | - | Chief Clerk of the House |
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| 32 | | - | Approved: |
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| 33 | | - | ______________________________ |
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| 34 | | - | Date |
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| 35 | | - | ______________________________ |
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| 36 | | - | Governor |
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