21 | | - | of early termination of the contract. The board of trustees that |
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22 | | - | makes a severance payment to a superintendent shall report the |
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23 | | - | terms of the severance payment to the commissioner. The |
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24 | | - | commissioner shall reduce the district's Foundation School Program |
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25 | | - | funds by any amount that the amount of the severance payment to the |
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26 | | - | superintendent exceeds an amount equal to one year's salary and |
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27 | | - | benefits under the superintendent's terminated contract. The board |
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28 | | - | of trustees may not make any severance payment if the |
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29 | | - | superintendent's contract was terminated for cause under Section |
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30 | | - | 21.211 or not renewed for cause or if the superintendent resigned in |
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31 | | - | lieu of termination or nonrenewal for cause. The commissioner may |
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32 | | - | adopt rules as necessary to administer this subsection. |
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33 | | - | SECTION 2. This Act takes effect September 1, 2019. |
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| 19 | + | of early termination of the contract. The board of trustees may not |
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| 20 | + | make a severance payment to a superintendent in an amount greater |
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| 21 | + | than one year's salary under the superintendent's terminated |
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| 22 | + | contract. The board of trustees that makes a severance payment to a |
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| 23 | + | superintendent shall report the terms of the severance payment to |
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| 24 | + | the commissioner. [The commissioner shall reduce the district's |
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| 25 | + | Foundation School Program funds by any amount that the amount of the |
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| 26 | + | severance payment to the superintendent exceeds an amount equal to |
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| 27 | + | one year's salary and benefits under the superintendent's |
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| 28 | + | terminated contract.] The commissioner may adopt rules as necessary |
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| 29 | + | to administer this subsection. |
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| 30 | + | SECTION 2. Section 12.104, Education Code, is amended by |
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| 31 | + | adding Subsection (b-4) to read as follows: |
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| 32 | + | (b-4) Section 11.201(c) applies to an open-enrollment |
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| 33 | + | charter school as though the governing body of the school were the |
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| 34 | + | board of trustees of a school district and to the superintendent or, |
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| 35 | + | as applicable, the administrator serving as educational leader and |
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| 36 | + | chief executive officer of the school as though that person were the |
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| 37 | + | superintendent of a school district. |
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| 38 | + | SECTION 3. (a) Section 11.201(c), Education Code, as |
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| 39 | + | amended by this Act, applies only to a severance payment made by the |
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| 40 | + | board of trustees of an independent school district to a |
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| 41 | + | superintendent under an agreement entered into on or after the |
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| 42 | + | effective date of this Act. A severance payment made by the board |
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| 43 | + | of trustees of an independent school district to a superintendent |
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| 44 | + | under an agreement entered into before the effective date of this |
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| 45 | + | Act is governed by the law in effect at the time the agreement was |
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| 46 | + | made, and that law is continued in effect for that purpose. |
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| 47 | + | (b) Section 12.104(b-4), Education Code, as added by this |
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| 48 | + | Act, applies only to a severance payment made by the governing body |
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| 49 | + | of an open-enrollment charter school to a superintendent or |
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| 50 | + | administrator serving as educational leader and chief executive |
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| 51 | + | officer under an agreement entered into on or after the effective |
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| 52 | + | date of this Act. A severance payment made by the governing body of |
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| 53 | + | an open-enrollment charter school to a superintendent or |
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| 54 | + | administrator serving as educational leader and chief executive |
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| 55 | + | officer under an agreement entered into before the effective date |
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| 56 | + | of this Act is governed by the law in effect at the time the |
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| 57 | + | agreement was made, and that law is continued in effect for that |
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| 58 | + | purpose. |
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| 59 | + | SECTION 4. This Act takes effect immediately if it receives |
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| 60 | + | a vote of two-thirds of all the members elected to each house, as |
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| 61 | + | provided by Section 39, Article III, Texas Constitution. If this |
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| 62 | + | Act does not receive the vote necessary for immediate effect, this |
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| 63 | + | Act takes effect September 1, 2019. |
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