Bill Text: TX HB168 | 2023 | 88th Legislature 3rd Special Session | Introduced
Bill Title: Relating to the basic allotment under the public school finance system.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-10-17 - Filed [HB168 Detail]
Download: Texas-2023-HB168-Introduced.html
By: Lozano | H.B. No. 168 |
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relating to the basic allotment under the public school finance | ||
system. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 48.051(a), Education Code, is amended to | ||
read as follows: | ||
(a) For 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 [ |
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from the following formula: | ||
A = B [ |
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where: | ||
"A" is the allotment to which a district is entitled; | ||
"B" is the base amount, which equals the greater of: | ||
(1) $6,898; | ||
(2) an amount equal to the district's base amount under | ||
this section for the preceding school year; or | ||
(3) the amount appropriated under Subsection (b); | ||
"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. | ||
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 $6,898 [ |
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greater amount provided under Section 48.051(b), if applicable, by | ||
0.016, for the first eight cents by 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 $6,898 [ |
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under Section 48.051(b), if applicable, by 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 January 1, 2024. |