| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 86R5937 MEW-D | |
| 2 | 2 | By: Hinojosa H.B. No. 2225 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A BILL TO BE ENTITLED | |
| 6 | 6 | AN ACT | |
| 7 | 7 | relating to the cost of attendance credits to achieve the equalized | |
| 8 | 8 | wealth level for school districts that provide social security | |
| 9 | 9 | coverage for employees. | |
| 10 | 10 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 11 | 11 | SECTION 1. Section 41.093(b), Education Code, is amended to | |
| 12 | 12 | read as follows: | |
| 13 | 13 | (b) For purposes of this section, a school district's | |
| 14 | 14 | maintenance and operations tax revenue does not include: | |
| 15 | 15 | (1) any amounts paid into a tax increment fund under | |
| 16 | 16 | Chapter 311, Tax Code; or | |
| 17 | 17 | (2) for a district that provided social security | |
| 18 | 18 | coverage, as defined by Section 606.001, Government Code, for the | |
| 19 | 19 | district's employees before January 1, 2019, an amount of tax | |
| 20 | 20 | revenue equal to the district's cost of paying contributions made | |
| 21 | 21 | on behalf of employees in a class of employees covered under the | |
| 22 | 22 | social security program before that date. | |
| 23 | 23 | SECTION 2. This Act takes effect September 1, 2019. |