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Floor Packet Page No. 9                                                     



	

(1)  Amend CSHB 1 by adding the following new section to 

Article 1 and renumbering the sections accordingly:

	SECTION ____.  Section 41.002(a), Education Code, is amended 

to read as follows:

	Sec. 41.002.  EQUALIZED WEALTH LEVEL.  (a)  A school district 

may not have a wealth per student that exceeds 305,000, plus an 

amount determined under Section 42.2516(i).

	(2)  Amend CSHB 1 by adding the following new section to 

Article 1 and renumbering the sections accordingly:

	SECTION ____.  Section 42.101, Education Code, is amended to 

read as follows:

	Sec. 42.101.  BASIC ALLOTMENT.  For each student in average 

daily attendance, not including the time students spend each day in 

special education programs in an instructional arrangement other 

than mainstream or career and technology education programs, for 

which an additional allotment is made under Subchapter C, a 

district is entitled to an allotment of $2,537, plus an amount 

determined under Section 42.2516(i).  A greater amount for any 

school year may be provided by appropriation.

	(3)  Amend CSHB 1 by adding the following new section to 

Article 1 and renumbering the sections accordingly:

	SECTION ____.  Section 42.302, Education Code, is amended to 

read as follows:

	Sec. 42.302.   ALLOTMENT.  (a)  Each school district is 

guaranteed a specified amount per weighted student in state and 

local funds for each cent of tax effort over that required for the 

district's local fund assignment up to the maximum level specified 

in this subchapter.  The amount of state support, subject only to 

the maximum amount under Section 42.303, is determined by the 

formula:



GYA = (GL X WADA X DTR X 100) - LR



where:                                                                        

	"GYA" is the guaranteed yield amount of state funds to be 

allocated to the district;

	"GL" is the dollar amount guaranteed level of state and local 

funds per weighted student per cent of tax effort, which is $27.14, 

plus an amount determined under Section 42.2516(i), or a greater 

amount for any year provided by appropriation;

	"WADA" is the number of students in weighted average daily 

attendance, which is calculated by dividing the sum of the school 

district's allotments under Subchapters B and C, less any allotment 

to the district for transportation, any allotment under Section 

42.158, and 50 percent of the adjustment under Section 42.102, by 

the basic  allotment for the applicable year;

	"DTR" is the district enrichment tax rate of the school 

district, which is determined by subtracting the amounts specified 

by Subsection (b) from the total amount of maintenance and 

operations taxes collected by the school district for the 

applicable school year and dividing the difference by the quotient 

of the district's taxable value of property as determined under 

Subchapter M, Chapter 403, Government Code, or, if applicable, 

under Section 42.2521, divided by 100; and

	"LR" is the local revenue, which is determined by multiplying 

"DTR" by the quotient of the district's taxable value of property as 

determined under Subchapter M, Chapter 403, Government Code, or, if 

applicable, under Section 42.2521, divided by 100.

	(4)  Amend CSHB 1 by amending Subsection 42.2516(i) as added 

to read as follows:

	(i)  The commissioner shall determine the amount of state 

funds to which a school district is entitled under this section.  

The commissioner shall provide these additional amounts by 

increasing the guaranteed level under Section 42.302, the basic 

allotment under 42.101, and the equalized wealth level under 

41.002, so that all three formula elements provide the same yield 

per penny of tax effort, and continuing to increase these formula 

elements proportionately so as to provide school districts the 

amounts required under this section as much as possible through the 

formula adjustments while minimizing "hold-harmless" amounts 

outside of the formulas.  The total amount of state funds under this 

Section shall be limited such that the changes in state law made by 

HB 1, Third Called Session, 79th Legislature, shall not exceed 

$2,385,800,000.  The commissioner's determination is final and made 

not be appealed.