Bill Text: TX SB1751 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Relating to the provision of funding under the foundation school program on the basis of property values that exclude one-half of optional homestead exemptions.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2015-03-24 - Referred to Education [SB1751 Detail]
Download: Texas-2015-SB1751-Introduced.html
84R11749 KKA-F | ||
By: West | S.B. No. 1751 |
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relating to the provision of funding under the foundation school | ||
program on the basis of property values that exclude one-half of | ||
optional homestead exemptions. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 7.062(c), Education Code, is amended to | ||
read as follows: | ||
(c) Except as otherwise provided by this subsection, if the | ||
commissioner certifies that the amount appropriated for a state | ||
fiscal year for purposes of Subchapters A and B, Chapter 46, exceeds | ||
the amount to which school districts are entitled under those | ||
subchapters for that year, the commissioner shall use the excess | ||
funds, in an amount not to exceed $20 million in any state fiscal | ||
year, for the purpose of making grants under this section. The use | ||
of excess funds under this subsection has priority over any | ||
provision of Chapter 42 that permits or directs the use of excess | ||
foundation school program funds, including Sections 42.2517, | ||
42.2521, [ |
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use excess funds as provided by this subsection only if the | ||
commissioner is not required to reduce the total amount of state | ||
funds allocated to school districts under Section 42.253(h). | ||
SECTION 2. Section 42.261(a), Education Code, is amended to | ||
read as follows: | ||
(a) Funds appropriated by the legislature for a tax year for | ||
the purpose of reducing a school district's maintenance and | ||
operations tax rate and providing state aid under Section 42.2516: | ||
(1) are not excess funds for purposes of Section | ||
42.2517; | ||
(2) are not available for purposes of Section 42.2521 | ||
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(3) may not be used for purposes of Chapter 46; and | ||
(4) may not be provided by the commissioner to a school | ||
district for a purpose other than reduction of the district's | ||
maintenance and operations tax rate. | ||
SECTION 3. The following provisions are repealed: | ||
(1) Section 42.2522, Education Code; and | ||
(2) Section 403.302(k), Government Code. | ||
SECTION 4. This Act takes effect September 1, 2015. |