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.