H.B. No. 2369 1-1 AN ACT 1-2 relating to overallocation of foundation school funds. 1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 SECTION 1. Subchapter G, Chapter 16, Education Code, is 1-5 amended by adding Section 16.259 to read as follows: 1-6 Sec. 16.259. RECOVERY OF OVERALLOCATED FUNDS. (a) If a 1-7 school district has received an overallocation of state funds, the 1-8 Central Education Agency shall, by withholding from subsequent 1-9 allocations of state funds or by requesting and obtaining a refund, 1-10 recover from the district an amount equal to the overallocation. 1-11 (b) If a district fails to comply with a request for a 1-12 refund under Subsection (a) of this section, the Central Education 1-13 Agency shall certify to the comptroller that the amount constitutes 1-14 a debt for purposes of Section 403.055, Government Code. The 1-15 agency shall provide to the comptroller the amount of the 1-16 overallocation and any other information required by the 1-17 comptroller. The comptroller may certify the amount of the debt to 1-18 the attorney general for collection. 1-19 (c) Any amounts recovered under this section shall be 1-20 deposited in the foundation school fund. 1-21 SECTION 2. Section 16.255(b), Education Code, is repealed. 1-22 SECTION 3. The importance of this legislation and the 1-23 crowded condition of the calendars in both houses create an 2-1 emergency and an imperative public necessity that the 2-2 constitutional rule requiring bills to be read on three several 2-3 days in each house be suspended, and this rule is hereby suspended, 2-4 and that this Act take effect and be in force from and after its 2-5 passage, and it is so enacted.