87R7305 TSS-D By: Bailes H.B. No. 2113 A BILL TO BE ENTITLED AN ACT relating to the fast and hypersonic growth allotment under the public school finance system. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 48.111, Education Code, is amended to read as follows: Sec. 48.111. FAST AND HYPERSONIC GROWTH ALLOTMENT. (a) A school district in which the growth in student enrollment in the district over the preceding three school years is in the top quartile of student enrollment growth in school districts in the state for that period, as determined by the commissioner, is entitled to an annual allotment equal to the basic allotment multiplied by 0.04 for each student in average daily attendance. (b) Instead of the annual allotment under Subsection (a), a school district is entitled to an annual allotment equal to the basic allotment multiplied by 0.25 for each student in average daily attendance if the growth in student enrollment in the district between the school year immediately preceding the previous school year and the previous school year results in: (1) an increase in student enrollment of 500 or more students; and (2) a student enrollment growth rate equal to or greater than 15 percent. SECTION 2. This Act takes effect September 1, 2021.