| 1 | 1 | | 85S10949 KKA-D |
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| 2 | 2 | | By: Meyer H.B. No. 224 |
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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 a limitation on the amount of school property tax |
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| 8 | 8 | | revenue that is subject to recapture under the public school |
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| 9 | 9 | | finance system. |
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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 D, Chapter 41, Education Code, is |
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| 12 | 12 | | amended by adding Section 41.0932 to read as follows: |
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| 13 | 13 | | Sec. 41.0932. LIMITATION ON TOTAL COST. (a) |
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| 14 | 14 | | Notwithstanding any other provision of this chapter, a school |
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| 15 | 15 | | district that executes an agreement to purchase all attendance |
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| 16 | 16 | | credits necessary to reduce the district's wealth per student to |
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| 17 | 17 | | the equalized wealth level: |
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| 18 | 18 | | (1) is entitled to retain maintenance and operations |
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| 19 | 19 | | tax revenue sufficient to pay the district's average maintenance |
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| 20 | 20 | | and operations costs per student in average daily attendance, as |
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| 21 | 21 | | determined under Subsection (b) and adjusted for inflation; and |
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| 22 | 22 | | (2) may not be required to pay a total amount for |
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| 23 | 23 | | attendance credits that would reduce the district's retained |
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| 24 | 24 | | maintenance and operations tax revenue below the amount described |
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| 25 | 25 | | by Subdivision (1). |
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| 26 | 26 | | (b) For purposes of Subsection (a)(1), the commissioner |
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| 27 | 27 | | shall determine a school district's average maintenance and |
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| 28 | 28 | | operations costs per student in average daily attendance based on |
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| 29 | 29 | | the district's maintenance and operations expenditures per student |
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| 30 | 30 | | in average daily attendance for the preceding three school years. |
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| 31 | 31 | | The commissioner shall adjust a district's average costs to reflect |
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| 32 | 32 | | inflation in a manner determined appropriate by the commissioner. |
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| 33 | 33 | | (c) A determination by the commissioner under this section |
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| 34 | 34 | | is final and may not be appealed. |
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| 35 | 35 | | (d) The commissioner shall adopt rules necessary to |
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| 36 | 36 | | implement this section. |
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| 37 | 37 | | SECTION 2. This Act takes effect September 1, 2017, if it |
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| 38 | 38 | | receives a vote of two-thirds of all the members elected to each |
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| 39 | 39 | | house, as provided by Section 39, Article III, Texas Constitution. |
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| 40 | 40 | | If this Act does not receive the vote necessary for effect on that |
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| 41 | 41 | | date, this Act takes effect on the 91st day after the last day of the |
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| 42 | 42 | | legislative session. |
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