Amend HB 500 by inserting into the bill the following appropriately numbered SECTION and renumbering subsequent SECTIONS of the bill accordingly:

SECTION ____. Subchapter B, Chapter 39, Education Code, is amended by adding Section 39.0239 to read as follows:

Sec. 39.0239. STUDENT PERFORMANCE: FUNDING. Notwithstanding Chapter 41, 42, 46 or any other provision of this code, 35 percent of state funding for school districts and open-enrollment charter schools shall be based on successful student performance on assessment instruments as determined in accordance with Section 39.0241.