By: Uher H.B. No. 1579
73R5989 CAS-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the taxable value of property in certain school
1-3 districts.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 16.252, Education Code, is amended by
1-6 adding Subsection (f) to read as follows:
1-7 (f) For a school district that contracts for students
1-8 residing in the district to be educated in another district as
1-9 provided by Section 21.082 of this code, the taxable value of
1-10 property in the district is considered to be the taxable value of
1-11 property in the district determined under Section 11.86 of this
1-12 code minus the taxable value of property in the district that, if
1-13 multiplied by the tax rate under this section, raises an amount of
1-14 revenue equal to the total amount of tuition required to be paid
1-15 for the district's students under Section 21.082(b) of this code.
1-16 SECTION 2. Section 16.503, Education Code, is amended to
1-17 read as follows:
1-18 Sec. 16.503. DEFINITION. (a) Except as provided by
1-19 Subsection (b) of this section, in <In> this subchapter, "taxable
1-20 value of property" is the value determined under Section 11.86 of
1-21 this code.
1-22 (b) "Taxable value of property" in a district that contracts
1-23 for students residing in the district to be educated in another
1-24 district as provided by Section 21.082 of this code is the value
2-1 determined under Section 16.252(f) of this code.
2-2 SECTION 3. This Act applies beginning with the 1993-1994
2-3 school year.
2-4 SECTION 4. The importance of this legislation and the
2-5 crowded condition of the calendars in both houses create an
2-6 emergency and an imperative public necessity that the
2-7 constitutional rule requiring bills to be read on three several
2-8 days in each house be suspended, and this rule is hereby suspended,
2-9 and that this Act take effect and be in force from and after its
2-10 passage, and it is so enacted.