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A BILL TO BE ENTITLED
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AN ACT
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relating to the established schedule of payments from the |
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foundation school fund of the yearly entitlement of certain school |
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districts. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 42.259, Education Code, is amended by |
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amending Subsections (c), (d), and (f) and adding Subsections (c-1) |
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and (d-1) to read as follows: |
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(c) Payments from the foundation school fund to each |
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category 2 school district shall be made as follows: |
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(1) 22 percent of the yearly entitlement of the |
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district shall be paid in an installment to be made on or before the |
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25th day of September of a fiscal year; |
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(2) 18 percent of the yearly entitlement of the |
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district shall be paid in an installment to be made on or before the |
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25th day of October; |
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(3) 9.5 percent of the yearly entitlement of the |
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district shall be paid in an installment to be made on or before the |
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25th day of November; |
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(4) 7.5 percent of the yearly entitlement of the |
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district shall be paid in an installment to be made on or before the |
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25th day of April; |
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(5) five percent of the yearly entitlement of the |
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district shall be paid in an installment to be made on or before the |
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25th day of May; |
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(6) 10 percent of the yearly entitlement of the |
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district shall be paid in an installment to be made on or before the |
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25th day of June; |
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(7) 13 percent of the yearly entitlement of the |
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district shall be paid in an installment to be made on or before the |
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25th day of July; and |
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(8) 15 percent of the yearly entitlement of the |
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district shall be paid in an installment to be made on or before the |
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25th day of August [after the 5th day of September and not later
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than the 10th day of September of the calendar year following the
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calendar year of the payment made under Subdivision (1)]. |
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(c-1) Notwithstanding Subsection (c)(8), for the state |
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fiscal year ending August 31, 2013, the installment described by |
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that subdivision shall be paid on or before the 30th day of August, |
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2013. This subsection expires August 31, 2013. |
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(d) Payments from the foundation school fund to each |
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category 3 school district shall be made as follows: |
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(1) 45 percent of the yearly entitlement of the |
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district shall be paid in an installment to be made on or before the |
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25th day of September of a fiscal year; |
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(2) 35 percent of the yearly entitlement of the |
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district shall be paid in an installment to be made on or before the |
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25th day of October; and |
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(3) 20 percent of the yearly entitlement of the |
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district shall be paid in an installment to be made on or before the |
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25th day of August [after the 5th day of September and not later
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than the 10th day of September of the calendar year following the
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calendar year of the payment made under Subdivision (1)]. |
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(d-1) Notwithstanding Subsection (d)(3), for the state |
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fiscal year ending August 31, 2013, the installment described by |
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that subdivision shall be paid on or before the 30th day of August, |
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2013. This subsection expires August 31, 2013. |
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(f) Previously [Except as provided by Subsection (c)(8) or
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(d)(3), any previously] unpaid additional funds from prior fiscal |
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years owed to a district shall be paid to the district together with |
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the September payment of the current fiscal year entitlement. |
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SECTION 2. Section 466.355(c), Government Code, is amended |
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to read as follows: |
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(c) Each August the comptroller shall: |
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(1) estimate the amount to be transferred to the |
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foundation school fund on or before September 15; and |
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(2) notwithstanding Subsection (b)(4), transfer the |
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amount estimated in Subdivision (1) to the foundation school fund |
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before August installment payments are made under Section 42.259, |
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Education Code [25]. |
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SECTION 3. The changes made by this Act to Section 42.259, |
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Education Code, apply only to a payment from the foundation school |
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fund that is made on or after the effective date of this Act. A |
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payment to a school district from the foundation school fund that is |
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made before that date is governed by Section 42.259, Education |
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Code, as it existed before amendment by this Act, and the former law |
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is continued in effect for that purpose. |
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SECTION 4. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect on the 91st day after the last day of the |
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legislative session. |