SRC-JBJ H.B. 2359 76(R)   BILL ANALYSIS


Senate Research Center   H.B. 2359
76R11739 ESH-FBy: Olivo (West)
Education
5/7/1999
Engrossed


DIGEST 

The Investment Capital Fund (ICF) was created in 1993 by the Texas
Legislature to assist schools which are committed to improving student
achievement and partnerships between parents and community members.  ICF
provides grants of up to $50,000 per year to any eligible school for staff
development, parent education and training, and student enrichment.  It is
anticipated that more than 300 schools will participate in the program
during the coming biennium.  H.B. 2359 would eliminate the statutory
prohibition against more than 25 percent of the funds being used for
strategies to extend and enrich student learning beyond the regular school
day. 

PURPOSE

As proposed, H.B. 2359 eliminates the statutory prohibition that not more
than 25 percent of certain funds may be used in strategies to extend and
enrich student learning beyond the regular school day. 

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 7.024(d), Education Code, to delete language
authorizing only 25 percent of a grant to be used to implement strategies
to enrich or extend student learning. 

SECTION 2.  Effective date: September 1, 1999.

SECTION 3.Emergency clause.