| 1 | 1 | | 85S10288 KKA-F |
|---|
| 2 | 2 | | By: Darby H.B. No. 78 |
|---|
| 3 | 3 | | |
|---|
| 4 | 4 | | |
|---|
| 5 | 5 | | A BILL TO BE ENTITLED |
|---|
| 6 | 6 | | AN ACT |
|---|
| 7 | 7 | | relating to school district tax rates, property values, and tax |
|---|
| 8 | 8 | | collections used by the commissioner of education in allocating |
|---|
| 9 | 9 | | Foundation School Program funding. |
|---|
| 10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|---|
| 11 | 11 | | SECTION 1. The second paragraph of Rider 3, page III-5, S.B. |
|---|
| 12 | 12 | | 1, Acts of the 85th Legislature, Regular Session, 2017 (the General |
|---|
| 13 | 13 | | Appropriations Act), to the bill pattern of the appropriations to |
|---|
| 14 | 14 | | the Texas Education Agency is amended to read as follows: |
|---|
| 15 | 15 | | Formula Funding: The Commissioner shall make allocations to |
|---|
| 16 | 16 | | local school districts under Chapters 41, 42 and 46 based on the |
|---|
| 17 | 17 | | March 2017 estimates of average daily attendance and local district |
|---|
| 18 | 18 | | tax rates as determined by the Legislative Budget Board and the |
|---|
| 19 | 19 | | final tax year 2016 property values. [Property values, and the |
|---|
| 20 | 20 | | estimates of local tax collections on which they are based, shall be |
|---|
| 21 | 21 | | increased by 7.04 percent for tax year 2017 and by 6.77 percent for |
|---|
| 22 | 22 | | tax year 2018.] |
|---|
| 23 | 23 | | SECTION 2. This Act takes effect immediately if it receives |
|---|
| 24 | 24 | | a vote of two-thirds of all the members elected to each house, as |
|---|
| 25 | 25 | | provided by Section 39, Article III, Texas Constitution. If this |
|---|
| 26 | 26 | | Act does not receive the vote necessary for immediate effect, this |
|---|
| 27 | 27 | | Act takes effect on the 91st day after the last day of the |
|---|
| 28 | 28 | | legislative session. |
|---|