| 1 | 1 | | 88R786 GCB-F |
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| 2 | 2 | | By: Guillen, DeAyala H.B. No. 1206 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to a determination of a school district's assets to |
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| 8 | 8 | | liabilities ratio under the public school financial accountability |
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| 9 | 9 | | rating system. |
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| 10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 11 | 11 | | SECTION 1. Section 39.082(c), Education Code, is amended to |
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| 12 | 12 | | read as follows: |
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| 13 | 13 | | (c) The system may not include an indicator under Subsection |
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| 14 | 14 | | (b) or any other performance measure that: |
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| 15 | 15 | | (1) requires a school district to spend at least 65 |
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| 16 | 16 | | percent or any other specified percentage of district operating |
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| 17 | 17 | | funds for instructional purposes; [or] |
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| 18 | 18 | | (2) lowers the financial management performance |
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| 19 | 19 | | rating of a school district for failure to spend at least 65 percent |
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| 20 | 20 | | or any other specified percentage of district operating funds for |
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| 21 | 21 | | instructional purposes; or |
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| 22 | 22 | | (3) for a school district required to reduce its local |
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| 23 | 23 | | revenue level under Section 48.257, includes in determining the |
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| 24 | 24 | | district's ratio of assets to liabilities any amount required to be |
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| 25 | 25 | | expended by the district to comply with Chapter 49. |
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| 26 | 26 | | SECTION 2. This Act applies beginning with the 2023-2024 |
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| 27 | 27 | | school year. |
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| 28 | 28 | | SECTION 3. This Act takes effect immediately if it receives |
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| 29 | 29 | | a vote of two-thirds of all the members elected to each house, as |
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| 30 | 30 | | provided by Section 39, Article III, Texas Constitution. If this |
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| 31 | 31 | | Act does not receive the vote necessary for immediate effect, this |
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| 32 | 32 | | Act takes effect September 1, 2023. |
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