Bill Text: TX HB1749 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to a limitation on the amount of school property tax revenue that is subject to recapture under the public school finance system.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-03-07 - Referred to Public Education [HB1749 Detail]
Download: Texas-2023-HB1749-Introduced.html
| 88R5837 DIO-D | ||
| By: Meyer | H.B. No. 1749 | |
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| relating to a limitation on the amount of school property tax | ||
| revenue that is subject to recapture under the public school | ||
| finance system. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter D, Chapter 49, Education Code, is | ||
| amended by adding Section 49.1531 to read as follows: | ||
| Sec. 49.1531. LIMITATION ON TOTAL COST. (a) | ||
| Notwithstanding any other provision of this chapter, a school | ||
| district that executes an agreement to purchase attendance credit | ||
| in an amount sufficient to reduce the district's local revenue | ||
| level to a level that is equal to or less than the level established | ||
| under Section 48.257: | ||
| (1) is entitled to retain maintenance and operations | ||
| tax revenue sufficient to pay the district's average maintenance | ||
| and operations costs per student in average daily attendance, as | ||
| determined under Subsection (b) and adjusted for inflation; and | ||
| (2) may not be required to pay a total amount for | ||
| attendance credit that would reduce the district's retained | ||
| maintenance and operations tax revenue below the amount described | ||
| by Subdivision (1). | ||
| (b) For purposes of Subsection (a)(1), the commissioner | ||
| shall determine a school district's average maintenance and | ||
| operations costs per student in average daily attendance based on | ||
| the district's maintenance and operations expenditures per student | ||
| in average daily attendance for the preceding three school years. | ||
| The commissioner shall adjust a district's average costs to reflect | ||
| inflation in a manner determined appropriate by the commissioner. | ||
| (c) A determination by the commissioner under this section | ||
| is final and may not be appealed. | ||
| (d) The commissioner shall adopt rules necessary to | ||
| implement this section. | ||
| SECTION 2. This Act takes effect immediately if it receives | ||
| a vote of two-thirds of all the members elected to each house, as | ||
| provided by Section 39, Article III, Texas Constitution. If this | ||
| Act does not receive the vote necessary for immediate effect, this | ||
| Act takes effect September 1, 2023. | ||
