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Amend Floor Amendment No. 1 to SB 1848 on page 1 of the 
amendment, between lines 2 and 3, by adding the following 
appropriately numbered SECTION and renumbering subsequent SECTIONS 
accordingly:
	SECTION __.  Section 42.2516, Education Code, is amended by 
amending Subsection (b) and adding Subsection (b-2) to read as 
follows:
	(b)  Subject to Subsections (b-2), (g), and (h), but 
notwithstanding any other provision of this title, a school 
district is entitled to state revenue necessary to provide the 
district with the sum of:
		(1)  the amount of state revenue necessary to maintain 
state and local revenue per student in weighted average daily 
attendance in the amount equal to the greater of:
			(A)  the amount of state and local revenue per 
student in weighted average daily attendance for the maintenance 
and operations of the district available to the district for the 
2005-2006 school year;
			(B)  the amount of state and local revenue per 
student in weighted average daily attendance for the maintenance 
and operations of the district to which the district would have been 
entitled for the 2006-2007 school year under this chapter, as it 
existed on January 1, 2006, or, if the district would have been 
subject to Chapter 41, as that chapter existed on January 1, 2006, 
the amount to which the district would have been entitled under that 
chapter, based on the funding elements in effect for the 2005-2006 
school year, if the district imposed a maintenance and operations 
tax at the rate adopted by the district for the 2005 tax year; or
			(C)  the amount of state and local revenue per 
student in weighted average daily attendance for the maintenance 
and operations of the district to which the district would have been 
entitled for the 2006-2007 school year under this chapter, as it 
existed on January 1, 2006, or, if the district would have been 
subject to Chapter 41, as that chapter existed on January 1, 2006, 
the amount to which the district would have been entitled under that 
chapter, based on the funding elements in effect for the 2005-2006 
school year, if the district imposed a maintenance and operations 
tax at the rate equal to the rate described by Section 26.08(i) or 
(k)(1), Tax Code, as applicable, for the 2006 tax year;
		(2)  an amount equal to the product of $2,500 
multiplied by the number of classroom teachers, full-time 
librarians, full-time counselors certified under Subchapter B, 
Chapter 21, and full-time school nurses employed by the district 
and entitled to a minimum salary under Section 21.402; and
		(3)  an amount equal to the product of $275 multiplied 
by the number of students in average daily attendance in grades nine 
through 12 in the district.
	(b-2)  The amount determined for a school district under 
Subsection (b) is increased or reduced as follows:
		(1)  if for any school year the district is entitled to 
a greater allotment under Section 42.155 or greater additional 
state aid under Section 42.2515 than the allotment or additional 
state aid to which the district was entitled under Section 42.155 or 
42.2515, as applicable, for the school year on which the district's 
entitlement under Subsection (b) is based, the district's 
entitlement under Subsection (b) is increased by an amount equal to 
the difference between the amount to which the district is entitled 
under Section 42.155 or 42.2515, as applicable, for that school 
year and the amount to which the district was entitled under the 
applicable section, as applicable for:
			(A)  the 2005-2006 school year, if the amount 
determined for the district under Subsection (b) is determined 
under Subsection (b)(1)(A); or
			(B)  the 2006-2007 school year, if the amount 
determined for the district under Subsection (b) is determined 
under Subsection (b)(1)(B) or (C); and
		(2)  if for any school year the district is not entitled 
to an allotment under Section 42.155 or additional state aid under 
Section 42.2515 or is entitled to a lesser allotment or less 
additional state aid under the applicable section than the 
allotment or additional state aid to which the district was 
entitled under the applicable section for the school year on which 
the district's entitlement under Subsection (b) is based, the 
district's entitlement under Subsection (b) is reduced by an amount 
equal to the difference between the amount to which the district was 
entitled under Section 42.155 or 42.2515, as applicable, for the 
2005-2006 or 2006-2007 school year, as appropriate based on whether 
the district's entitlement under Subsection (b) is determined under 
Subsection (b)(1)(A), (B), or (C), and the amount to which the 
district is entitled under the applicable section for the current 
school year.