By Shapiro                                              S.B. No. 28
         77R1423 KKA-D                           
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to the equalized wealth level under the public school
 1-3     finance system.
 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-5           SECTION 1. Section 41.002(a), Education Code, is amended to
 1-6     read as follows:
 1-7           (a)  A school district may not have a wealth per student that
 1-8     exceeds $320,000 [$295,000].
 1-9           SECTION 2. This Act takes effect September 1, 2001.