Amend CSSB 8 as follows:
(1) In SECTION 1B.01 of the bill, strike added Subsection
(a), Section 42.401, Education Code, and substitute the following:
(a) Except as provided by Subsection (b), a school district
shall be consolidated by the commissioner under Subchapter H,
Chapter 41, if:
(1) the district's local share under Section 42.306
exceeds the district's tier one allotment under Section 42.304; or
(2) the total amount of district enrichment tax
revenue raised by the district exceeds the amount of state and local
funds guaranteed under Section 42.252 to a school district that
imposes a district enrichment tax at the rate imposed by the
district.
(2) In SECTION 1B.10 of the bill, strike amended Section
41.091, Education Code, and substitute the following:
Sec. 41.091. AGREEMENT. A school district subject to
Section 42.401 [with a wealth per student that exceeds the
equalized wealth level] may execute an agreement with the
commissioner to purchase attendance credits in an amount equal to
the sum of:
(1) the difference between the district's local share
under Section 42.306 and the district's tier one allotment under
Section 42.304; and
(2) the difference between the total amount of
district enrichment tax revenue raised by the district and the
amount of state and local funds guaranteed under Section 42.252 to a
school district that imposes a district enrichment tax at the rate
imposed by the district. [sufficient, in combination with any other
actions taken under this chapter, to reduce the district's wealth
per student to a level that is equal to or less than the equalized
wealth level.]
(3) In Part C, Article 1, of the bill, insert the following
new section, appropriately numbered, and renumber the subsequent
sections of Part C, Article 1, accordingly:
SECTION 1C.____. For the state fiscal year beginning
September 1, 2006, the amount determined in accordance with this
section is appropriated to the Texas Education Agency for the
purpose of providing state assistance with new instructional
facility projects under Subchapter A, Chapter 46, Education Code,
in addition to other amounts appropriated by the 79th Legislature
for that purpose. The amount appropriated under this section is
equal to the difference between:
(1) the total amount required for the fiscal year
beginning September 1, 2006, for school districts to purchase
attendance credits in accordance with Section 41.091, Education
Code, as amended by this Act; and
(2) the total amount that would be required for the
fiscal year beginning September 1, 2006, for school districts to
purchase attendance credits in accordance with Section 41.091,
Education Code, as amended by this Act, if the amount of attendance
credits a school district were required to purchase for that year
did not include the amount required under Section 41.091(2),
Education Code, as added by this Act.