| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to a severance payment to a superintendent of a school |
|
|
district. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 11.201(c), Education Code, is amended to |
|
|
read as follows: |
|
|
(c) For purposes of this subsection, "severance payment" |
|
|
means any amount paid by the board of trustees of an independent |
|
|
school district to or in behalf of a superintendent on early |
|
|
termination of the superintendent's contract that exceeds the |
|
|
amount earned by the superintendent under the contract as of the |
|
|
date of termination, including any amount that exceeds the amount |
|
|
of earned standard salary and benefits that is paid as a condition |
|
|
of early termination of the contract. The board of trustees may not |
|
|
make a severance payment to a superintendent. The board of trustees |
|
|
that makes a severance payment to a superintendent shall report the |
|
|
terms of the severance payment to the commissioner. [The |
|
|
commissioner shall reduce the district's Foundation School Program |
|
|
funds by any amount that the amount of the severance payment to the |
|
|
superintendent exceeds an amount equal to one year's salary and |
|
|
benefits under the superintendent's terminated contract.] The |
|
|
commissioner may adopt rules as necessary to administer this |
|
|
subsection. |
|
|
SECTION 2. Section 11.201(c), Education Code, as amended by |
|
|
this Act, applies only to a severance payment made by the board of |
|
|
trustees of an independent school district to a superintendent |
|
|
under an agreement entered into on or after the effective date of |
|
|
this Act. A severance payment made by the board of trustees of an |
|
|
independent school district to a superintendent under an agreement |
|
|
entered into before the effective date of this Act is governed by |
|
|
the law in effect at the time the agreement was made, and that law is |
|
|
continued in effect for that purpose. |
|
|
SECTION 3. 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. |