| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to the date on which certain payments are made by the state |
|
|
under the Foundation School Program. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Sections 42.259(c), (d), and (f), Education |
|
|
Code, are amended to read as follows: |
|
|
(c) Payments from the foundation school fund to each |
|
|
category 2 school district shall be made as follows: |
|
|
(1) 22 percent of the yearly entitlement of the |
|
|
district shall be paid in an installment to be made on or before the |
|
|
25th day of September of a fiscal year; |
|
|
(2) 18 percent of the yearly entitlement of the |
|
|
district shall be paid in an installment to be made on or before the |
|
|
25th day of October; |
|
|
(3) 9.5 percent of the yearly entitlement of the |
|
|
district shall be paid in an installment to be made on or before the |
|
|
25th day of November; |
|
|
(4) 7.5 percent of the yearly entitlement of the |
|
|
district shall be paid in an installment to be made on or before the |
|
|
25th day of April; |
|
|
(5) five percent of the yearly entitlement of the |
|
|
district shall be paid in an installment to be made on or before the |
|
|
25th day of May; |
|
|
(6) 10 percent of the yearly entitlement of the |
|
|
district shall be paid in an installment to be made on or before the |
|
|
25th day of June; |
|
|
(7) 13 percent of the yearly entitlement of the |
|
|
district shall be paid in an installment to be made on or before the |
|
|
25th day of July; and |
|
|
(8) 15 percent of the yearly entitlement of the |
|
|
district shall be paid in an installment to be made after the 5th |
|
|
day of September and not later than the 10th day of September of the |
|
|
calendar year following the calendar year of the payment made under |
|
|
Subdivision (1) [on or before the 25th day of August]. |
|
|
(d) Payments from the foundation school fund to each |
|
|
category 3 school district shall be made as follows: |
|
|
(1) 45 percent of the yearly entitlement of the |
|
|
district shall be paid in an installment to be made on or before the |
|
|
25th day of September of a fiscal year; |
|
|
(2) 35 percent of the yearly entitlement of the |
|
|
district shall be paid in an installment to be made on or before the |
|
|
25th day of October; and |
|
|
(3) 20 percent of the yearly entitlement of the |
|
|
district shall be paid in an installment to be made after the 5th |
|
|
day of September and not later than the 10th day of September of the |
|
|
calendar year following the calendar year of the payment made under |
|
|
Subdivision (1) [on or before the 25th day of August]. |
|
|
(f) Except as provided by Subsection (c)(8) or (d)(3), any |
|
|
[Any] previously unpaid additional funds from prior fiscal years |
|
|
owed to a district shall be paid to the district together with the |
|
|
September payment of the current fiscal year entitlement. |
|
|
SECTION 2. Section 466.355(c), Government Code, is |
|
|
repealed. |
|
|
SECTION 3. The changes made by this Act to Section 42.259, |
|
|
Education Code, apply only to a payment from the foundation school |
|
|
fund that is made on or after the effective date of this Act. A |
|
|
payment to a school district from the foundation school fund that is |
|
|
made before that date is governed by Section 42.259, Education |
|
|
Code, as it existed before amendment by this Act, and the former law |
|
|
is continued in effect for that purpose. |
|
|
SECTION 4. This Act takes effect September 1, 2011. |