By Barrientos S.B. No. 566
74R5460 ESH-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the investment capital fund.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 11.2092, Education Code, is amended to
1-5 read as follows:
1-6 Sec. 11.2092. Investment Capital Fund. (a) The investment
1-7 capital fund consists of money transferred to the fund as provided
1-8 by Section 16.152(m) of this code. The Central Education Agency
1-9 shall administer the fund. The purposes <purpose> of this fund are
1-10 <is> to assist eligible public schools to implement practices and
1-11 procedures consistent with deregulation and school restructuring in
1-12 order to improve student achievement and to help schools identify,
1-13 train, and organize parents and community leaders who will hold the
1-14 school and the school district accountable for achieving high
1-15 academic standards <increase parental and community involvement in
1-16 the schools>.
1-17 (b) The commissioner of education may make grants from the
1-18 fund to eligible schools. A school may apply for a grant under
1-19 rules adopted by the State Board of Education.
1-20 (c) A school is eligible to apply for a grant if the school
1-21 has demonstrated a commitment to campus deregulation and to
1-22 restructuring educational practices and conditions at the school by
1-23 entering into a <in> partnership with:
1-24 (1) school staff;
2-1 (2) parents of students at the school;
2-2 (3) community and business leaders;
2-3 (4) school district officers;
2-4 (5) a nonprofit, community-based organization that has
2-5 a demonstrated capacity to train, develop, and organize parents and
2-6 community leaders into a large, nonpartisan constituency that will
2-7 hold the school and the school district accountable for achieving
2-8 high academic standards; and
2-9 (6) the Central Education Agency.
2-10 (d) A grant from the fund shall be made directly to the
2-11 school and may be used for the training and development of school
2-12 staff, <and> parents, and community leaders in order that they
2-13 understand and implement the academic standards and practices
2-14 necessary for high academic achievement, <and> appropriate
2-15 strategies to deregulate and restructure the school in order to
2-16 improve student achievement, and effective strategies to organize
2-17 parents and community leaders into a large, nonpartisan
2-18 constituency that will hold the school and the school district
2-19 accountable for achieving high academic standards. Not more than
2-20 25 percent of the grant may be used to implement strategies
2-21 developed by the partners that are designed to enrich or extend
2-22 student learning experiences outside of the regular school day.
2-23 (e) The commissioner of education may make a grant of up to
2-24 $50,000 <$25,000> each academic year to an eligible school. Campus
2-25 administration personnel of a school that receives a grant under
2-26 this section are accountable to the commissioner of education and
2-27 must demonstrate:
3-1 (1) the responsible use of the grant to achieve campus
3-2 deregulation and restructuring to improve academic performance; and
3-3 (2) a comprehensive plan to engage in on-going
3-4 development and training of teachers, parents, and community
3-5 leaders to:
3-6 (A) understand academic standards;
3-7 (B) develop effective strategies to improve
3-8 academic performance; and
3-9 (C) organize a large, nonpartisan constituency
3-10 of parents and community leaders to hold the school and school
3-11 district accountable to achieve high academic standards; <and>
3-12 (3) on-going progress in achieving higher academic
3-13 performance; and
3-14 (4) on-going progress in identifying, training, and
3-15 organizing parents and community leaders who are holding the school
3-16 and the school district accountable for achieving high academic
3-17 standards.
3-18 SECTION 2. Section 16.152(m), Education Code, as added by
3-19 Chapter 907, Acts of the 73rd Legislature, Regular Session, 1993,
3-20 is amended to read as follows:
3-21 (m) From the total amount of funds appropriated for
3-22 allotments under this section, the commissioner of education shall,
3-23 each fiscal year, withhold the amount of $5 <$1> million for
3-24 transfer to the investment capital fund under Section 11.2092 of
3-25 this code.
3-26 SECTION 3. This Act takes effect September 1, 1995.
3-27 SECTION 4. The importance of this legislation and the
4-1 crowded condition of the calendars in both houses create an
4-2 emergency and an imperative public necessity that the
4-3 constitutional rule requiring bills to be read on three several
4-4 days in each house be suspended, and this rule is hereby suspended.