Texas 2019 - 86th Regular

Texas House Bill HB1777 Latest Draft

Bill / Introduced Version Filed 02/14/2019

                            86R1934 MEW-D
 By: Middleton H.B. No. 1777


 A BILL TO BE ENTITLED
 AN ACT
 relating to a reduction of the amount required to be paid by a
 school district 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 DISTRICT SECURITY EXPENSES.
 (a)  Notwithstanding any other provision of this chapter, a school
 district 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 the amount
 expended by the district to pay campus security costs during the
 preceding school year.
 (b)  A reduction under Subsection (a) 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.
 SECTION 2.  This Act takes effect September 1, 2019.