Bill Text: TX HB729 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to the equalized wealth level under the public school finance system.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Introduced - Dead) 2019-02-21 - Referred to Public Education [HB729 Detail]
Download: Texas-2019-HB729-Introduced.html
86R3099 KJE-D | ||
By: Biedermann | H.B. No. 729 |
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relating to the equalized wealth level under the public school | ||
finance system. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 41.002, Education Code, is amended by | ||
adding Subsection (h) to read as follows: | ||
(h) Notwithstanding Subsection (a), in accordance with a | ||
determination of the commissioner, the wealth per student that a | ||
school district may have after exercising an option under Section | ||
41.003 may not be less than the amount needed to maintain state and | ||
local revenue per weighted student for maintenance and operation of | ||
the district equal to the statewide average amount of state and | ||
local revenue per weighted student for maintenance and operation of | ||
a district. | ||
SECTION 2. This Act takes effect September 1, 2019. |