73R3573 CAE-D
          By Ratliff                                             S.J.R. No. 7
          Substitute the following for S.J.R. No. 7:
          By Linebarger                                      C.S.S.J.R. No. 7
                                  A JOINT RESOLUTION
    1-1  proposing a constitutional amendment relating to the support and
    1-2  maintenance of public schools.
    1-3        BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-4        SECTION 1.  Article VII of the Texas Constitution is amended
    1-5  by adding Sections 3-c and 3-d to read as follows:
    1-6        Sec. 3-c.  (a)  The legislature may redistribute among other
    1-7  school districts ad valorem taxes levied and collected by a school
    1-8  district in which the taxable value of property per student is
    1-9  greater than that value in the school district at the 95th
   1-10  percentile of taxable value of property per student, as determined
   1-11  by general law.  The legislature may redistribute only the amount
   1-12  collected that exceeds the amount per $0.01 available to the
   1-13  district at the 95th percentile.
   1-14        (b)  The amount redistributed by the legislature under
   1-15  Subsection (a) of this section may not exceed 2.50 percent of the
   1-16  sum of the state revenue appropriated for public schools and the
   1-17  revenue from local ad valorem taxes levied and collected for public
   1-18  schools.  For purposes of this section, state revenue does not
   1-19  include revenue from ad valorem taxes, revenue for the provision of
   1-20  free textbooks, or contributions to a retirement system.
   1-21        Sec. 3-d.  To help achieve an efficient system of public free
   1-22  schools, the legislature may require a school district to provide a
   1-23  minimum amount of ad valorem tax revenue for the support of the
   1-24  public free schools in the district.
    2-1        SECTION 2.  This proposed constitutional amendment shall be
    2-2  submitted to the voters at an election to be held May 1, 1993.  The
    2-3  ballot shall be printed to provide for voting for or against the
    2-4  proposition:  "The constitutional amendment authorizing the limited
    2-5  redistribution of certain ad valorem taxes levied and collected by
    2-6  certain school districts and authorizing the legislature to require
    2-7  school districts to provide a minimum amount of funding for their
    2-8  public schools."