88R12139 MEW-D By: Hughes, Springer S.B. No. 2122 A BILL TO BE ENTITLED AN ACT relating to the fast growth allotment under the public school finance system. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 48.111(a), Education Code, is amended to read as follows: (a) Except as provided by Subsection (c), a school district is entitled to an annual allotment equal to the basic allotment multiplied by the applicable weight under Subsection (a-1) for each enrolled student equal to the greater of: (1) the difference, if the difference is greater than zero, that results from subtracting 250 from the difference between the number of students enrolled in the district during the school year immediately preceding the current school year and the number of students enrolled in the district during the school year six years preceding the current school year; or (2) the average annual growth in student enrollment in the district for the preceding three school years, if the growth in student enrollment in the district for 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. SECTION 2. This Act takes effect September 1, 2023.