Texas 2023 - 88th 3rd C.S.

Texas House Bill HB108 Compare Versions

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11 88S30294 MEW-D
22 By: Plesa H.B. No. 108
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55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to the dedication of surplus money in the foundation
88 school fund to increase the basic allotment under the Foundation
99 School Program.
1010 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1111 SECTION 1. Subchapter F, Chapter 48, Education Code, is
1212 amended by adding Section 48.2722 to read as follows:
1313 Sec. 48.2722. DEDICATION OF SURPLUS FUNDS. If the amount
1414 appropriated to the foundation school fund for a state fiscal year
1515 exceeds the amount to which school districts are entitled to
1616 receive under Chapter 46 and this chapter for that fiscal year, the
1717 excess amount may be appropriated only to increase the basic
1818 allotment under Section 48.051.
1919 SECTION 2. This Act takes effect on the 91st day after the
2020 last day of the legislative session.