1-1     By:  Kuempel (Senate Sponsor - Wentworth)             H.B. No. 1532
 1-2           (In the Senate - Received from the House April 23, 2001;
 1-3     April 24, 2001, read first time and referred to Committee on
 1-4     Education; May 3, 2001, reported favorably by the following vote:
 1-5     Yeas 8, Nays 0; May 3, 2001, sent to printer.)
 1-6                            A BILL TO BE ENTITLED
 1-7                                   AN ACT
 1-8     relating to the determination under the school finance system of
 1-9     the amount of collected taxes for certain school districts.
1-10           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-11           SECTION 1. Section 42.302, Education Code, is amended by
1-12     adding Subsection (d) to read as follows:
1-13           (d)  For purposes of this section, the total amount of
1-14     maintenance and operations taxes collected for an applicable school
1-15     year by a school district with alternate tax dates, as authorized
1-16     by Section 26.135, Tax Code, is the amount of taxes collected on or
1-17     after January 1 of the year in which the school year begins and not
1-18     later than December 31 of the same year.
1-19           SECTION 2. This Act takes effect September 1, 2001, and
1-20     applies to the determination of the amount to which a school
1-21     district is entitled under Section 42.302, Education Code, as
1-22     amended by this Act, beginning with the 2001-2002 school year.
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