1-1     By:  Sadler (Senate Sponsor - Cain)                   H.B. No. 2864
 1-2           (In the Senate - Received from the House April 30, 2001;
 1-3     April 30, 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 small and mid-sized district adjustment under the
 1-9     public school finance system.
1-10           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-11           SECTION 1. Section 42.103(d), Education Code, is amended to
1-12     read as follows:
1-13           (d)  The basic allotment of a school district that offers a
1-14     kindergarten through grade 12 program and has less than 5,000
1-15     students in average daily attendance is adjusted by applying the
1-16     formula, of the following formulas, that results in the greatest
1-17     adjusted allotment:
1-18                 (1)  the formula in Subsection (b) or (c) for which the
1-19     district is eligible; or
1-20                 (2)  [AA = 1 X ABA; or]
1-21                 [(3)  depending on the school year:]
1-22                       [(A)  for the 1996-1997 school year, AA = (1 +
1-23     ((5,000 - ADA) X .0000045)) X ABA;]
1-24                       [(B)  for the 1997-1998 school year, AA = (1 +
1-25     ((5,000 - ADA) X .0000090)) X ABA;]
1-26                       [(C)  for the 1998-1999 school year, AA = (1 +
1-27     ((5,000 - ADA) X .000015)) X ABA;]
1-28                       [(D)  for the 1999-2000 school year, AA = (1 +
1-29     ((5,000 - ADA) X .000020)) X ABA;]
1-30                       [(E)  for the 2000-2001 school year,] AA = (1 +
1-31     ((5,000 - ADA) X .000025)) X ABA.
1-32           SECTION 2. This Act takes effect September 1, 2001.
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