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.