Amend CSHB 2 as follows:
(1) In Section 1A.01 by amending Section 42.002(a) on lines
10 and 11 and adding new Section 41.002(a-1) and (a-2) on page 1
between line 11 and line 12 to read as follows:
(a) Except as provided in subsection (a-1), a [A] school
district may not have a wealth per student that exceeds $339,000
[$305,000].
(a-1) The wealth per student in subsection (a) is increased
in any year by the amount of wealth per student that would produce
the increase in yield in the guaranteed level of state and local
funds per student per cent of tax effort in Section 42.302 for that
year.
(a-2) The provisions of this chapter do not apply in any year
in which the guaranteed level of state and local funds per student
per cent of tax effort in Section 42.302 is equal to or greater than
the wealth level of the school district at the 98th percentile in
wealth per student under the provisions of section 42.302.