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A BILL TO BE ENTITLED
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AN ACT
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relating to school district property tax rate reductions. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 42.2516, Education Code, is amended by |
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amending Subsection (a-1) and adding Subsection (a-2) to read as |
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follows: |
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(a-1) Subsection (a) applies beginning with the state |
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fiscal year ending August 31, 2009. For the state fiscal year |
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ending August 31, 2007, the state compression percentage is 88.67 |
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percent. For the state fiscal year ending August 31, 2008, the |
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state compression percentage is 60.67 [66.67] percent. [This
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subsection expires September 1, 2009.] |
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(a-2) Notwithstanding the state compression percentage in |
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Subsection (a-1), the state may only appropriate funds to reduce |
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the compression percentage below 66.67 percent if each school |
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district and open-enrollment charter school receives from the state |
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an amount equal to the product of $6,000 multiplied by the number of |
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classroom teachers, full-time librarians, full-time counselors |
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certified under Subchapter B, Chapter 21, and full-time school |
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nurses employed by the district. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect on September 1, 2007. |