| 1 | 1 | | By: Lozano H.B. No. 168 |
|---|
| 2 | 2 | | |
|---|
| 3 | 3 | | |
|---|
| 4 | 4 | | A BILL TO BE ENTITLED |
|---|
| 5 | 5 | | AN ACT |
|---|
| 6 | 6 | | relating to the basic allotment under the public school finance |
|---|
| 7 | 7 | | system. |
|---|
| 8 | 8 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|---|
| 9 | 9 | | SECTION 1. Section 48.051(a), Education Code, is amended to |
|---|
| 10 | 10 | | read as follows: |
|---|
| 11 | 11 | | (a) For each student in average daily attendance, not |
|---|
| 12 | 12 | | including the time students spend each day in special education |
|---|
| 13 | 13 | | programs in an instructional arrangement other than mainstream or |
|---|
| 14 | 14 | | career and technology education programs, for which an additional |
|---|
| 15 | 15 | | allotment is made under Subchapter C, a district is entitled to an |
|---|
| 16 | 16 | | allotment equal to [the lesser of $6,160 or] the amount that results |
|---|
| 17 | 17 | | from the following formula: |
|---|
| 18 | 18 | | A = B [$6,160] X TR/MCR |
|---|
| 19 | 19 | | where: |
|---|
| 20 | 20 | | "A" is the allotment to which a district is entitled; |
|---|
| 21 | 21 | | "B" is the base amount, which equals the greater of: |
|---|
| 22 | 22 | | (1) $6,898; |
|---|
| 23 | 23 | | (2) an amount equal to the district's base amount under |
|---|
| 24 | 24 | | this section for the preceding school year; or |
|---|
| 25 | 25 | | (3) the amount appropriated under Subsection (b); |
|---|
| 26 | 26 | | "TR" is the district's tier one maintenance and operations |
|---|
| 27 | 27 | | tax rate, as provided by Section 45.0032; and |
|---|
| 28 | 28 | | "MCR" is the district's maximum compressed tax rate, as determined |
|---|
| 29 | 29 | | under Section 48.2551. |
|---|
| 30 | 30 | | SECTION 2. Section 48.202(a-1), Education Code, is amended |
|---|
| 31 | 31 | | to read as follows: |
|---|
| 32 | 32 | | (a-1) For purposes of Subsection (a), the dollar amount |
|---|
| 33 | 33 | | guaranteed level of state and local funds per weighted student per |
|---|
| 34 | 34 | | cent of tax effort ("GL") for a school district is: |
|---|
| 35 | 35 | | (1) the greater of the amount of district tax revenue |
|---|
| 36 | 36 | | per weighted student per cent of tax effort available to a school |
|---|
| 37 | 37 | | district at the 96th percentile of wealth per weighted student or |
|---|
| 38 | 38 | | the amount that results from multiplying $6,898 [6,160], or the |
|---|
| 39 | 39 | | greater amount provided under Section 48.051(b), if applicable, by |
|---|
| 40 | 40 | | 0.016, for the first eight cents by which the district's |
|---|
| 41 | 41 | | maintenance and operations tax rate exceeds the district's tier one |
|---|
| 42 | 42 | | tax rate; and |
|---|
| 43 | 43 | | (2) subject to Subsection (f), the amount that results |
|---|
| 44 | 44 | | from multiplying $6,898 [$6,160], or the greater amount provided |
|---|
| 45 | 45 | | under Section 48.051(b), if applicable, by 0.008, for the |
|---|
| 46 | 46 | | district's maintenance and operations tax effort that exceeds the |
|---|
| 47 | 47 | | amount of tax effort described by Subdivision (1). |
|---|
| 48 | 48 | | SECTION 3. This Act takes effect January 1, 2024. |
|---|