| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to the basic allotment and guaranteed yield under the |
|
|
public school finance system. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Subchapter F, Chapter 48, Education Code, is |
|
|
amended by adding Section 48.2511 to read as follows: |
|
|
Sec. 48.2511. APPROPRIATION FOR PUBLIC EDUCATION. In each |
|
|
biennial General Appropriations Act, the legislature shall set the |
|
|
basic allotment under Section 48.051 and the dollar amount |
|
|
guaranteed level of state and local funds per weighted student per |
|
|
cent of tax effort ("GL") under Section 48.202 for each state fiscal |
|
|
year at: |
|
|
(1) the amounts necessary for the amount of state |
|
|
funds to which all school districts are jointly entitled under this |
|
|
chapter, together with state funds to which all school districts |
|
|
are jointly entitled for that state fiscal year under any other law |
|
|
that provides funding for the general maintenance and operation of |
|
|
the system of public free schools, to comply with the minimum |
|
|
requirement of Section 1, Article VII, Texas Constitution; or |
|
|
(2) amounts greater than the amounts specified by |
|
|
Subdivision (1). |
|
|
SECTION 2. This Act takes effect September 1, 2024, but only |
|
|
if the constitutional amendment proposed by the 88th Legislature, |
|
|
Regular Session, 2023, requiring the state to pay at least 50 |
|
|
percent of the cost of maintaining and operating the public school |
|
|
system and prohibiting the comptroller from certifying legislation |
|
|
containing an appropriation for public education unless the |
|
|
requirement is met, is approved by the voters. If that amendment is |
|
|
not approved by the voters, this Act has no effect. |