Texas 2021 - 87th Regular

Texas House Bill HB2113 Latest Draft

Bill / Introduced Version Filed 02/23/2021

                            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.