| 1 | 1 | | 86R2954 MEW-D |
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| 2 | 2 | | By: Geren H.B. No. 462 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to the basic allotment and guaranteed yield under the |
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| 8 | 8 | | public school finance system. |
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| 9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 10 | 10 | | SECTION 1. Subchapter E, Chapter 42, Education Code, is |
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| 11 | 11 | | amended by adding Section 42.25191 to read as follows: |
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| 12 | 12 | | Sec. 42.25191. APPROPRIATION FOR PUBLIC EDUCATION. In each |
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| 13 | 13 | | biennial General Appropriations Act, the legislature shall set the |
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| 14 | 14 | | basic allotment under Section 42.101 and the dollar amount |
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| 15 | 15 | | guaranteed level of state and local funds per weighted student per |
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| 16 | 16 | | cent of tax effort ("GL") under Section 42.302 for each state fiscal |
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| 17 | 17 | | year at: |
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| 18 | 18 | | (1) the amounts necessary for the amount of state |
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| 19 | 19 | | funds to which all school districts are jointly entitled under this |
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| 20 | 20 | | chapter, together with state funds to which all school districts |
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| 21 | 21 | | are jointly entitled for that state fiscal year under any other law |
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| 22 | 22 | | that provides funding for the general maintenance and operation of |
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| 23 | 23 | | the system of public free schools, to comply with the minimum |
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| 24 | 24 | | requirement of Section 1, Article VII, Texas Constitution; or |
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| 25 | 25 | | (2) amounts greater than the amounts specified by |
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| 26 | 26 | | Subdivision (1). |
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| 27 | 27 | | SECTION 2. This Act takes effect September 1, 2020, but only |
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| 28 | 28 | | if the constitutional amendment proposed by the 86th Legislature, |
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| 29 | 29 | | Regular Session, 2019, requiring the state to pay at least 50 |
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| 30 | 30 | | percent of the cost of maintaining and operating the public school |
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| 31 | 31 | | system and prohibiting the comptroller from certifying legislation |
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| 32 | 32 | | containing an appropriation for public education unless the |
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| 33 | 33 | | requirement is met, is approved by the voters. If that amendment is |
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| 34 | 34 | | not approved by the voters, this Act has no effect. |
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