SRC-MKV, CTC H.B. 1532 77(R)   BILL ANALYSIS


Senate Research Center   H.B. 1532
7R4621 KKA-FBy: Kuempel (Wentworth)
Education
5/1/2001
Engrossed


DIGEST AND PURPOSE 

Each school district is guaranteed a specified amount per weighted student
in state and local funds in relation to the district's tax revenue. This
guaranteed yield program is to provide each school district with the
opportunity to provide the basic program and to supplement that program at
a level of its own choice. New Braunfels Independent School District has a
fiscal year that begins September 1 rather than January 1 as for other
school districts. This alternate date affects the calculation of the New
Braunfels ISD's tax revenue for determining state funding levels. H.B. 1532
provide for the calculation of the tax revenue for certain districts as the
taxes collected on or after January 1 through December 31 of the same
school year.  

RULEMAKING AUTHORITY

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

SECTION BY SECTION ANALYSIS

SECTION 1.  Amends Section 42.302, Education Code, to provide that, for the
purposes of this section, the total amount of maintenance and operations
taxes collected for an applicable school year by a school district with
alternate tax dates, as authorized by Section 26.135 (Tax Dates for Certain
School Districts), Tax Code, is the amount of taxes collected on or after
January 1 of the year in which the school year begins and not later than
December 31 of the same year. 

SECTION 2.  Effective date: September 1, 2001.
Makes application of this Act prospective to the beginning of the 2001-2002
school year.