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A BILL TO BE ENTITLED
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AN ACT
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relating to a credit against required recapture payments for |
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certain school districts with excess facilities costs under the |
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public school finance system. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter D, Chapter 49, Education Code, is |
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amended by adding Section 49.1571 to read as follows: |
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Sec. 49.1571. CREDIT FOR CERTAIN FACILITIES COSTS. (a) |
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This section applies only to a school district located in a county |
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that borders on the Gulf of Mexico. |
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(b) The total amount required under Section 49.153 for a |
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school district to which this section applies to purchase |
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attendance credit under this subchapter for any school year is |
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reduced by an amount equal to the amount of money spent by the |
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district in the preceding school year to: |
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(1) perform necessary facility maintenance, |
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renovations, and repairs attributable to damage resulting from |
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natural conditions associated with the facility's proximity to the |
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Gulf of Mexico; and |
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(2) pay for property insurance to cover the costs of |
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facility maintenance, renovations, and repairs described by |
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Subdivision (1). |
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(c) A reduction under Subsection (b) shall be made after |
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making any reduction to which the district is entitled under |
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Section 49.157 or another provision of this chapter. |
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SECTION 2. This Act takes effect September 1, 2023. |