This website will be unavailable from Friday, April 26, 2024 at 6:00 p.m. through Monday, April 29, 2024 at 7:00 a.m. due to data center maintenance.
Amend CSHB 1 as follows:
(1) Strike SECTIONS 1.01 and 1.02 of the bill (page 1, line
15, through page 2, line 1) and substitute the following:
SECTION 1.01. Section 41.002, Education Code, is amended by
amending Subsection (a) and adding Subsections (a-1) and (a-2) to
read as follows:
(a) A school district may not have a wealth per student that
exceeds:
(1) the wealth per student that generates the amount
of maintenance and operations tax revenue per weighted student
available to a district at the 88th percentile in wealth per
student, for the district's maintenance and operations tax effort
equal to or less than the rate equal to the product of the state
compression percentage, as determined under Section 42.2516,
multiplied by the maintenance and operations tax rate adopted by
the district for the 2005 tax year;
(2) the wealth per student that generates the amount
of maintenance and operations tax revenue per weighted student
available to the Austin Independent School District, as determined
by the commissioner in cooperation with the Legislative Budget
Board, for the first six cents by which the district's maintenance
and operations tax rate exceeds the rate equal to the product of the
state compression percentage, as determined under Section 42.2516,
multiplied by the maintenance and operations tax rate adopted by
the district for the 2005 tax year, subject to Section 41.093(b-1);
or
(3) $319,500, for the district's maintenance and
operations tax effort that exceeds the first six cents by which the
district's maintenance and operations tax effort exceeds the rate
equal to the product of the state compression percentage, as
determined under Section 42.2516, multiplied by the maintenance and
operations tax rate adopted by the district for the 2005 tax year
[$305,000].
(a-1) Subsection (a) applies beginning with the 2008-2009
school year. For the 2006-2007 and 2007-2008 school years, a school
district may not have a wealth per student that exceeds the wealth
per student specified by Subsection (a), except that:
(1) Subsection (a)(2) applies only to the first four
cents by which the district's maintenance and operations tax rate
exceeds the rate equal to the product of the state compression
percentage, as determined under Section 42.2516, multiplied by the
maintenance and operations tax rate adopted by the district for the
2005 tax year, subject to Section 41.093(b-1); and
(2) Subsection (a)(3) applies to the district's
maintenance and operations tax effort that exceeds the first four
cents by which the district's maintenance and operations tax effort
exceeds the rate described by Subdivision (1).
(a-2) Subsection (a-1) and this subsection expire September
1, 2008.
SECTION 1.02. Section 41.093, Education Code, is amended by
amending Subsection (a) and adding Subsections (b-1) and (b-2) to
read as follows:
(a) Subject to Subsection (b-1), the [The] cost of each
credit is an amount equal to the greater of:
(1) the amount of the district's maintenance and
operations tax revenue per student in weighted average daily
attendance for the school year for which the contract is executed;
or
(2) the amount of the statewide district average of
maintenance and operations tax revenue per student in weighted
average daily attendance for the school year preceding the school
year for which the contract is executed.
(b-1) If the guaranteed level of state and local funds per
weighted student per cent of tax effort under Section
42.302(a-1)(2) for which state funds are appropriated for a school
year is an amount at least equal to the amount of revenue per
weighted student per cent of tax effort available to the Austin
Independent School District, as determined by the commissioner in
cooperation with the Legislative Budget Board, the commissioner, in
computing the amounts described by Subsections (a)(1) and (2) and
determining the cost of an attendance credit, shall exclude
maintenance and operations tax revenue resulting from the first six
cents by which a district's maintenance and operations tax rate
exceeds the rate equal to the product of the state compression
percentage, as determined under Section 42.2516, multiplied by the
maintenance and operations tax rate adopted by the district for the
2005 tax year.
(b-2) Subsection (b-1) applies beginning with the 2008-2009
school year. For the 2006-2007 and 2007-2008 school years, the
commissioner shall compute the amounts described by Subsections
(a)(1) and (2) and determine the cost of an attendance credit as
specified by Subsection (b-1), except the commissioner shall
exclude maintenance and operations tax revenue resulting from the
first four cents by which a district's maintenance and operations
tax rate exceeds the rate equal to the product of the state
compression percentage, as determined under Section 42.2516,
multiplied by the maintenance and operations tax rate adopted by
the district for the 2005 tax year. This subsection expires
September 1, 2008.
(2) In SECTION 1.04 of the bill, in added Section
42.2516(b)(3), Education Code (page 3, line 4), strike "$207" and
substitute "$275".
(3) In the introductory language to SECTION 1.08 of the bill
(page 5, line 53), strike "Subsections (a-1) and (f)" and
substitute "Subsections (a-1), (a-2), (a-3), (a-4), and (f)".
(4) In SECTION 1.08 of the bill, strike added Section
42.302(a-1), Education Code (page 6, lines 18-40), and substitute
the following:
(a-1) In this section, "wealth per student" has the meaning
assigned by Section 41.001. For purposes of Subsection (a), the
dollar amount guaranteed level of state and local funds per
weighted student per cent of tax effort ("GL") for a school district
is:
(1) the amount of district tax revenue per weighted
student per cent of tax effort available to a district at the 88th
percentile in wealth per student, as determined by the commissioner
in cooperation with the Legislative Budget Board, for the
district's maintenance and operations tax effort equal to or less
than the rate equal to the product of the state compression
percentage, as determined under Section 42.2516, multiplied by the
maintenance and operations tax rate adopted by the district for the
2005 tax year;
(2) the amount of district tax revenue per weighted
student per cent of tax effort available to the Austin Independent
School District, as determined by the commissioner in cooperation
with the Legislative Budget Board, for the first six cents by which
the district's maintenance and operations tax rate exceeds the rate
equal to the product of the state compression percentage, as
determined under Section 42.2516 and notwithstanding the
limitation on district enrichment tax rate ("DTR") under Section
42.303, multiplied by the maintenance and operations tax rate
adopted by the district for the 2005 tax year; and
(3) $31.95, for the district's maintenance and
operations tax effort that exceeds the amount of tax effort
described by Subdivision (2).
(a-2) The limitation on district enrichment tax rate ("DTR")
under Section 42.303 does not apply to the district's maintenance
and operations tax effort described by Subsection (a-1)(2).
(a-3) Subsection (a-1) applies beginning with the 2008-2009
school year. For the 2006-2007 and 2007-2008 school years, the
dollar amount guaranteed level of state and local funds per
weighted student per cent of tax effort ("GL") for a school district
is the level specified by Subsection (a-1), except that:
(1) Subsection (a-1)(2) applies only to the first four
cents by which the district's maintenance and operations tax rate
exceeds the rate equal to the product of the state compression
percentage, as determined under Section 42.2516, multiplied by the
maintenance and operations tax rate adopted by the district for the
2005 tax year;
(2) Subsection (a-1)(3) applies to the district's
maintenance and operations tax effort that exceeds the rate
described by Subdivision (1); and
(3) the limitation on district enrichment tax rate
("DTR") under Section 42.303 does not apply to the district's
maintenance and operations tax effort described by Subdivision (1).
(a-4) Subsection (a-3) and this subsection expire September
1, 2009.
SHAPIRO HINOJOSA
ARMBRISTER MADLA
AVERITT SELIGER
DUNCAN STAPLES
ELTIFE VANDEPUTTE
ESTES WEST
FRASER