Texas 2025 89th Regular

Texas Senate Bill SB1750 Comm Sub / Bill

Filed 04/07/2025

                    By: Paxton S.B. No. 1750
 (In the Senate - Filed February 28, 2025; March 13, 2025,
 read first time and referred to Committee on Education K-16;
 April 7, 2025, reported adversely, with favorable Committee
 Substitute by the following vote:  Yeas 9, Nays 0, one present not
 voting; April 7, 2025, sent to printer.)
Click here to see the committee vote
 COMMITTEE SUBSTITUTE FOR S.B. No. 1750 By:  Bettencourt


 A BILL TO BE ENTITLED
 AN ACT
 relating to instructional facilities funding for certain
 open-enrollment charter schools.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 12.106, Education Code, is amended by
 amending Subsections (d) and (f) and adding Subsection (e-1) to
 read as follows:
 (d)  Subject to Subsections [Subsection] (e) and (e-1), in
 addition to other amounts provided by this section, a charter
 holder is entitled to receive, for the open-enrollment charter
 school, an annual allotment [funding] per student in average daily
 attendance [in an amount] equal to [the guaranteed level of state
 and local funds per student per cent of tax effort under Section
 46.032(a) multiplied by] the lesser of:
 (1)  the state average interest and sinking fund tax
 rate imposed by school districts for the current year multiplied by
 the guaranteed level of state and local funds per student per cent
 of tax effort under Section 46.032(a); or
 (2)  the maximum amount of the basic allotment provided
 under Section 48.051 for the applicable school year multiplied by
 0.06 [a rate that would result in a total amount to which charter
 schools are entitled under this subsection for the current year
 equal to $60 million].
 (e-1)  A charter holder is entitled to receive funding under
 Subsection (d) for an open-enrollment charter school only if the
 governing body of the school annually certifies in writing to the
 agency that no administrator, officer, or employee of the school
 and no member of the governing body of the school or its charter
 holder derives any personal financial benefit from a real estate
 transaction with the school.
 (f)  Funds received by a charter holder under Subsection (d)
 may only be used:
 (1)  to lease an instructional facility;
 (2)  to pay property taxes imposed on an instructional
 facility;
 (3)  to pay debt service on bonds issued to finance an
 instructional facility; [or]
 (4)  for any other purpose related to the purchase,
 lease, sale, acquisition, or maintenance of an instructional
 facility;
 (5)  to purchase or pay debt service on bonds issued to
 finance the purchase of school buses;
 (6)  to purchase or pay debt service on bonds issued to
 finance the acquisition or update of technology equipment used to
 support instruction;
 (7)  to pay debt service on bonds issued to improve
 school safety and security in accordance with the requirements of
 Section 37.351; or
 (8)  to pay debt service on bonds issued to finance the
 construction, acquisition, or equipment of performing arts
 facilities or athletic facilities, other than a stadium with
 seating capacity for more than 1,000 spectators.
 SECTION 2.  This Act takes effect September 1, 2025.
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