| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to the legislature's obligation to provide state funding |
|
|
for the public education system. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 42.001, Education Code, is amended by |
|
|
adding Subsections (c) and (d) to read as follows: |
|
|
(c) The legislature shall provide state funding in an amount |
|
|
that constitutes at least 55 percent of the cost of maintaining and |
|
|
operating the public school system. |
|
|
(d) The legislature may not recapture more than 35 percent |
|
|
of a school district's revenue from ad valorem taxes for the |
|
|
maintenance of public schools in the district. In this subsection, |
|
|
"recapture" means a system under which a school district is |
|
|
required to use a portion of the district's local ad valorem tax |
|
|
revenue for the benefit of public schools in this state other than |
|
|
those in the district, including: |
|
|
(1) the remittance of revenue to a state officer or |
|
|
agency for redistribution to other school districts; |
|
|
(2) the remittance of revenue to another school |
|
|
district for use by that district; and |
|
|
(3) the use of revenue to administer and operate a |
|
|
shared services program between the school district raising the |
|
|
revenue and one or more other school districts. |
|
|
SECTION 2. This Act takes effect September 1, 2008. |