87R3442 MM-D
By: Goodwin H.B. No. 2744
A BILL TO BE ENTITLED
AN ACT
relating to funding for small and mid-sized open-enrollment charter
schools.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 12.106, Education Code, is amended by
amending Subsection (a-2) and adding Subsection (a-5) to read as
follows:
(a-2) Subject to Subsection (a-5) and in [In] addition to
the funding provided by Subsection (a), a charter holder is
entitled to receive for the open-enrollment charter school an
allotment per student in average daily attendance in an amount
equal to the lesser of:
(1) the difference between:
(A) [(1)] the product of:
(i) [(A)] the quotient of:
(a) [(i)] the total amount of funding
provided to eligible school districts under Section 48.101(b) or
(c); and
(b) [(ii)] the total number of
students in average daily attendance in school districts that
receive an allotment under Section 48.101(b) or (c); and
(ii) [(B)] the sum of one and the quotient
of:
(a) [(i)] the total number of
students in average daily attendance in school districts that
receive an allotment under Section 48.101(b) or (c); and
(b) [(ii)] the total number of
students in average daily attendance in school districts statewide;
and
(B) [(2)] $125; or
(2) the average allotment per student in average daily
attendance under Section 48.101 for the school districts in the
county in which the student resides.
(a-5) Notwithstanding Subsection (a-2), the amount of the
allotment per student in average daily attendance to which a
charter holder is entitled to receive for an open-enrollment
charter school under that subsection is an amount equal to:
(1) half of the amount computed under that subsection
if the school has at least 1,601 but not more than 5,000 students in
average daily attendance; and
(2) zero if the school has more than 5,000 students in
average daily attendance.
SECTION 2. This Act takes effect September 1, 2021.