By Sadler H.B. No. 1047
76R2958 ESH-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to school finance.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 42.101, Education Code, is amended to
1-5 read as follows:
1-6 Sec. 42.101. BASIC ALLOTMENT. For each student in average
1-7 daily attendance, not including the time students spend each day in
1-8 special education programs in an instructional arrangement other
1-9 than mainstream or career and technology education programs, for
1-10 which an additional allotment is made under Subchapter C, a
1-11 district is entitled to an allotment of $2,396 [$2,387]. A greater
1-12 amount for any school year may be provided by appropriation.
1-13 SECTION 2. Section 42.302(a), Education Code, is amended to
1-14 read as follows:
1-15 (a) Each school district is guaranteed a specified amount
1-16 per weighted student in state and local funds for each cent of tax
1-17 effort over that required for the district's local fund assignment
1-18 up to the maximum level specified in this subchapter. The amount
1-19 of state support, subject only to the maximum amount under Section
1-20 42.303, is determined by the formula:
1-21 GYA = (GL X WADA X DTR X 100) - LR
1-22 where:
1-23 "GYA" is the guaranteed yield amount of state funds to be
1-24 allocated to the district;
2-1 "GL" is the dollar amount guaranteed level of state and local
2-2 funds per weighted student per cent of tax effort, which is $23.10
2-3 [$21] or a greater amount for any year provided by appropriation;
2-4 "WADA" is the number of students in weighted average daily
2-5 attendance, which is calculated by dividing the sum of the school
2-6 district's allotments under Subchapters B and C, less any allotment
2-7 to the district for transportation and 50 percent of the adjustment
2-8 under Section 42.102, by the basic allotment for the applicable
2-9 year;
2-10 "DTR" is the district enrichment and facilities tax rate of
2-11 the school district, which is determined by subtracting the amounts
2-12 specified by Subsection (b) from the total amount of taxes
2-13 collected by the school district for the applicable school year and
2-14 dividing the difference by the quotient of the district's taxable
2-15 value of property as determined under Subchapter M, Chapter 403,
2-16 Government Code, divided by 100; and
2-17 "LR" is the local revenue, which is determined by multiplying
2-18 "DTR" by the quotient of the district's taxable value of property
2-19 as determined under Subchapter M, Chapter 403, Government Code,
2-20 divided by 100.
2-21 SECTION 3. This Act takes effect September 1, 1999.
2-22 SECTION 4. The importance of this legislation and the
2-23 crowded condition of the calendars in both houses create an
2-24 emergency and an imperative public necessity that the
2-25 constitutional rule requiring bills to be read on three several
2-26 days in each house be suspended, and this rule is hereby suspended.