Bill Text: TX HB3661 | 2017-2018 | 85th Legislature | Introduced
Bill Title: Relating to adjustments for school districts participating in social security.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2017-03-31 - Referred to Public Education [HB3661 Detail]
Download: Texas-2017-HB3661-Introduced.html
By: Hinojosa | H.B. No. 3661 |
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relating to adjustments for school districts participating in | ||
social security. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter D, Chapter 41, Education Code, is | ||
amended to read as follows: | ||
Sec. 41.093. COST. (a) Subject to Subsection (b-1), the | ||
cost of each credit is an amount equal to the greater of: | ||
(1) the amount of the district's maintenance and | ||
operations tax revenue per student in weighted average daily | ||
attendance for the school year for which the contract is executed; | ||
or | ||
(2) the amount of the statewide district average of | ||
maintenance and operations tax revenue per student in weighted | ||
average daily attendance for the school year preceding the school | ||
year for which the contract is executed. | ||
(b) For purposes of this section, a school district's | ||
maintenance and operations tax revenue does not include any amounts | ||
paid into a tax increment fund under Chapter 311, Tax Code or the | ||
amount the district is required to provide social security | ||
coverage, as defined by Section 606.001, Government Code, for | ||
district employees. |