Texas 2023 88th Regular

Texas House Bill HB1206 House Committee Report / Bill

Filed 05/06/2023

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                    88R786 GCB-F
 By: Guillen H.B. No. 1206


 A BILL TO BE ENTITLED
 AN ACT
 relating to a determination of a school district's assets to
 liabilities ratio under the public school financial accountability
 rating system.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 39.082(c), Education Code, is amended to
 read as follows:
 (c)  The system may not include an indicator under Subsection
 (b) or any other performance measure that:
 (1)  requires a school district to spend at least 65
 percent or any other specified percentage of district operating
 funds for instructional purposes; [or]
 (2)  lowers the financial management performance
 rating of a school district for failure to spend at least 65 percent
 or any other specified percentage of district operating funds for
 instructional purposes; or
 (3)  for a school district required to reduce its local
 revenue level under Section 48.257, includes in determining the
 district's ratio of assets to liabilities any amount required to be
 expended by the district to comply with Chapter 49.
 SECTION 2.  This Act applies beginning with the 2023-2024
 school year.
 SECTION 3.  This Act takes effect immediately if it receives
 a vote of two-thirds of all the members elected to each house, as
 provided by Section 39, Article III, Texas Constitution.  If this
 Act does not receive the vote necessary for immediate effect, this
 Act takes effect September 1, 2023.