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