88R1112 MM-D
 
  By: Goodwin H.B. No. 341
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to funding for small and mid-sized open-enrollment charter
  schools.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 12.106, Education Code, is amended by
  amending Subsection (a-2) and adding Subsection (a-7) to read as
  follows:
         (a-2)  Subject to Subsection (a-7) and in [In] addition to
  the funding provided by Subsection (a), a charter holder is
  entitled to receive for the open-enrollment charter school an
  allotment per student in average daily attendance in an amount
  equal to the lesser of:
               (1)  the difference between:
                     (A) [(1)]  the product of:
                           (i) [(A)]  the quotient of:
                                 (a) [(i)]  the total amount of funding
  provided to eligible school districts under Section 48.101(b) or
  (c); and
                                 (b) [(ii)]  the total number of
  students in average daily attendance in school districts that
  receive an allotment under Section 48.101(b) or (c); and
                           (ii) [(B)] the sum of one and the quotient
  of:
                                 (a) [(i)]  the total number of
  students in average daily attendance in school districts that
  receive an allotment under Section 48.101(b) or (c); and
                                 (b) [(ii)]  the total number of
  students in average daily attendance in school districts statewide;
  and
                     (B) [(2)]  $125; or
               (2)  the average allotment per student in average daily
  attendance under Section 48.101 for the school districts in the
  county in which the student resides.
         (a-7)  Notwithstanding Subsection (a-2), the amount of the
  allotment per student in average daily attendance to which a
  charter holder is entitled to receive for an open-enrollment
  charter school under that subsection is an amount equal to:
               (1)  half of the amount computed under that subsection
  if the school has at least 1,601 but not more than 5,000 students in
  average daily attendance; and
               (2)  zero if the school has more than 5,000 students in
  average daily attendance. 
         SECTION 2.  This Act takes effect September 1, 2023.