86R8461 KJE-D By: Cole H.B. No. 2084 A BILL TO BE ENTITLED AN ACT relating to a reduction of the amount required to be paid by school districts with high enrollment of educationally disadvantaged students 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 41.0935 to read as follows: Sec. 41.0935. REDUCTION FOR DISTRICT WITH HIGH ENROLLMENT OF EDUCATIONALLY DISADVANTAGED STUDENTS. (a) This section applies only to a school district in which more than 40 percent of the enrolled students are educationally disadvantaged. (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 a percentage equal to the amount by which the percentage of students enrolled in the district who are educationally disadvantaged exceeds 40 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. SECTION 2. This Act takes effect September 1, 2019.