85S10075 KKA-D
By: Faircloth H.B. No. 352
A BILL TO BE ENTITLED
AN ACT
relating to a reduction of the amount required to be paid by certain
school districts to achieve the equalized wealth level under the
public school finance system.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter D, Chapter 41, Education Code, is
amended by adding Section 41.0933 to read as follows:
Sec. 41.0933. REDUCTION FOR MAINTENANCE AND OPERATIONS
COSTS. (a) This section applies only to a school district in which
at least 65 percent of the enrolled students are educationally
disadvantaged or at risk of dropping out of school, as defined by
Section 29.081(d).
(b) Notwithstanding any other provision of this chapter, a
school district to which this section applies that executes an
agreement to purchase all attendance credits necessary to reduce
the district's wealth per student to the equalized wealth level may
reduce the total amount required to be paid for attendance credits
under Section 41.093 by 25 percent.
(c) A reduction under Subsection (b) shall be made after
making any reduction to which the district is entitled under
Section 41.0931, 41.097, or 41.098 or another provision of this
chapter.
(d) The district shall use amounts available to the district
as a result of this section to pay district maintenance and
operations costs.
SECTION 2. This Act takes effect September 1, 2017, if this
Act receives a vote of two-thirds of all the members elected to each
house, as provided by Section 39, Article III, Texas Constitution.
If this Act does not receive the vote necessary for effect on that
date, this Act takes effect on the 91st day after the last day of the
legislative session.