Bill Text: TX HB1107 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to an annual adjustment to the basic allotment under the Foundation School Program to reflect inflation.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2023-03-02 - Referred to Public Education [HB1107 Detail]
Download: Texas-2023-HB1107-Introduced.html
88R3489 MEW-F | ||
By: Goodwin | H.B. No. 1107 |
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relating to an annual adjustment to the basic allotment under the | ||
Foundation School Program to reflect inflation. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 48.051, Education Code, is amended by | ||
amending Subsection (a) and adding Subsections (a-1), (a-2), and | ||
(a-3) to read as follows: | ||
(a) Subject to adjustment under Subsection (a-1), for [ |
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each student in average daily attendance, not including the time | ||
students spend each day in special education programs in an | ||
instructional arrangement other than mainstream or career and | ||
technology education programs, for which an additional allotment is | ||
made under Subchapter C, a district is entitled to an allotment | ||
equal to the lesser of $6,500 [ |
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from the following formula: | ||
A = $6,500 [ |
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where: | ||
"A" is the allotment to which a district is entitled; | ||
"TR" is the district's tier one maintenance and operations | ||
tax rate, as provided by Section 45.0032; and | ||
"MCR" is the district's maximum compressed tax rate, as | ||
determined under Section 48.2551. | ||
(a-1) Subject to Subsection (a-3), beginning with the | ||
2024-2025 school year, the basic allotment provided to a district | ||
under Subsection (a) or (b) is adjusted annually to increase the | ||
allotment by the lesser of: | ||
(1) three percent of the amount of the allotment for | ||
the preceding school year; or | ||
(2) the amount that results from applying the | ||
inflation rate, as determined by the comptroller on the basis of | ||
changes in the Consumer Price Index for All Urban Consumers | ||
published by the Bureau of Labor Statistics of the United States | ||
Department of Labor, to the allotment for the preceding school | ||
year. | ||
(a-2) If the inflation rate for a school year is less than | ||
zero, the inflation rate to be used for purposes of Subsection (a-1) | ||
is zero. | ||
(a-3) The legislature in the General Appropriations Act may | ||
provide for a lesser amount than the amount determined under | ||
Subsection (a-1), provided that the amount is equal to or greater | ||
than the amount provided under Subsection (a). | ||
SECTION 2. Section 48.202(a-1), Education Code, is amended | ||
to read as follows: | ||
(a-1) For purposes of Subsection (a), the dollar amount | ||
guaranteed level of state and local funds per weighted student per | ||
cent of tax effort ("GL") for a school district is: | ||
(1) the greater of the amount of district tax revenue | ||
per weighted student per cent of tax effort available to a school | ||
district at the 96th percentile of wealth per weighted student or | ||
the amount that results from multiplying $6,500 [ |
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greater amount provided under Section 48.051(a-1) or (b) | ||
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which the district's maintenance and operations tax rate exceeds | ||
the district's tier one tax rate; and | ||
(2) subject to Subsection (f), the amount that results | ||
from multiplying $6,500 [ |
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under Section 48.051(a-1) or (b) [ |
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0.008, for the district's maintenance and operations tax effort | ||
that exceeds the amount of tax effort described by Subdivision (1). | ||
SECTION 3. This Act takes effect September 1, 2023. |