| 1 | 1 | | 85R1017 CAE-F |
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| 2 | 2 | | By: Huffines S.B. No. 604 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to the determination of wealth per student for school |
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| 8 | 8 | | districts with cost-effective spending and measurable student |
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| 9 | 9 | | academic progress. |
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| 10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 11 | 11 | | SECTION 1. Subchapter A, Chapter 41, Education Code, is |
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| 12 | 12 | | amended by adding Section 41.0022 to read as follows: |
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| 13 | 13 | | Sec. 41.0022. WEALTH PER STUDENT OF SCHOOL DISTRICTS WITH |
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| 14 | 14 | | CERTAIN HIGH RATINGS. Notwithstanding any other provision of this |
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| 15 | 15 | | chapter, if a school district with a current TXSmartSchools rating |
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| 16 | 16 | | from the Texans for Positive Economic Policy of at least four stars |
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| 17 | 17 | | on a five-star scale, or the equivalent of that rating under any |
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| 18 | 18 | | subsequent system developed by the Texans for Positive Economic |
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| 19 | 19 | | Policy, has a wealth per student that exceeds the equalized wealth |
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| 20 | 20 | | level under Section 41.002(a)(1), (2), or (3), the commissioner |
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| 21 | 21 | | shall consider the district to have, before exercising one or more |
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| 22 | 22 | | options under Section 41.003, reduced the district's wealth per |
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| 23 | 23 | | student by an amount equal to five percent of the difference between |
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| 24 | 24 | | the district's wealth per student and the equalized wealth level |
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| 25 | 25 | | under Section 41.002(a)(1), (2), or (3), as applicable. |
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| 26 | 26 | | SECTION 2. This Act takes effect September 1, 2017. |
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