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1 | 1 | 88S30294 MEW-D | |
2 | 2 | By: Plesa H.B. No. 108 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to the dedication of surplus money in the foundation | |
8 | 8 | school fund to increase the basic allotment under the Foundation | |
9 | 9 | School Program. | |
10 | 10 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
11 | 11 | SECTION 1. Subchapter F, Chapter 48, Education Code, is | |
12 | 12 | amended by adding Section 48.2722 to read as follows: | |
13 | 13 | Sec. 48.2722. DEDICATION OF SURPLUS FUNDS. If the amount | |
14 | 14 | appropriated to the foundation school fund for a state fiscal year | |
15 | 15 | exceeds the amount to which school districts are entitled to | |
16 | 16 | receive under Chapter 46 and this chapter for that fiscal year, the | |
17 | 17 | excess amount may be appropriated only to increase the basic | |
18 | 18 | allotment under Section 48.051. | |
19 | 19 | SECTION 2. This Act takes effect on the 91st day after the | |
20 | 20 | last day of the legislative session. |