88S20098 KJE-D
By: LaMantia S.B. No. 8
A BILL TO BE ENTITLED
AN ACT
relating to a credit against required recapture payments for
certain school districts with excess facilities costs under the
public school finance system.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter D, Chapter 49, Education Code, is
amended by adding Section 49.1571 to read as follows:
Sec. 49.1571. CREDIT FOR CERTAIN FACILITIES COSTS. (a)
This section applies only to a school district located in a county
that borders on the Gulf of Mexico.
(b) The total amount required under Section 49.153 for a
school district to which this section applies to purchase
attendance credit under this subchapter for any school year is
reduced by an amount equal to the amount of money spent by the
district in the preceding school year to:
(1) perform necessary facility maintenance,
renovations, and repairs attributable to damage resulting from
natural conditions associated with the facility's proximity to the
Gulf of Mexico; and
(2) pay for property insurance to cover the costs of
facility maintenance, renovations, and repairs described by
Subdivision (1).
(c) A reduction under Subsection (b) shall be made after
making any reduction to which the district is entitled under
Section 49.157 or another provision of this chapter.
SECTION 2. This Act takes effect on the 91st day after the
last day of the legislative session.