SRC-HRD S.B. 1871 75(R)    BILL ANALYSIS


Senate Research CenterS.B. 1871
By: Duncan
Finance
4-21-97
As Filed


DIGEST 

The 74th Legislature created the investment capital fund (fund) for the
purpose of assisting eligible public schools in implementing practices and
procedures consistent with deregulation and restructuring in order to
improve student achievement and to help schools identify and train parents
and community leaders who will hold the school and the school district
accountable for achieving high academic standards.  The fund provides
money to fund the grant program "Staff Development and Parent Training for
Campus Deregulation and Restructuring to Improve Student Achievement"
(program).  Grant funds for the 1995-1997 program were awarded to 82
campuses at approximately $35,000 per campus for a total expenditure of
over $2.8 million.  This bill would require the commissioner of education
to transfer the amount of $5.0 million each fiscal year, rather than $2.5
million under current law, to the fund. 

PURPOSE

As proposed, S.B. 1871 requires the commissioner of education to transfer
the amount of $5.0 million to the investment capital fund. 

RULEMAKING AUTHORITY

This bill does not grant any additional rulemaking authority to a state
officer, institution, or agency. 

SECTION BY SECTION ANALYSIS

SECTION 1. Amends Section 42.152, Education Code, to require the
commissioner of education to withhold the amount of $5.0 million, rather
than $2.5 million, from the total amount of funds appropriated for
allotments under this section, each fiscal year, for transfer to the
investment capital fund under Section 7.024. 

SECTION 2. Effective date: September 1, 1997.

SECTION 3. Emergency clause.