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Amend HB 4 (senate committee report) as follows:
(1) In SECTION 4 of the bill, in added Section 29.165(a), Education Code (page 2, line 23), strike "funding program under which funds are awarded" and substitute "program under which funds are allotted under Section 42.162".
(2) In SECTION 4 of the bill, in added Section 29.166(b), Education Code (page 2, lines 42 through 46), strike the text and substitute "district is entitled to receive a high quality prekindergarten program allotment under Section 42.162."
(3) In SECTION 4 of the bill, in added Section 29.166(c), Education Code (page 2, line 47), strike "additional".
(4) In SECTION 4 of the bill, in added Section 29.166(c), Education Code (page 2, line 48), strike "Subsection (b)" and substitute "Section 42.162".
(5) Insert the following appropriately numbered SECTIONS to the bill and renumber subsequent SECTIONS of the bill accordingly:
SECTION ____. Subchapter C, Chapter 42, Education Code, is amended by adding Section 42.162 to read as follows:
Sec. 42.162. HIGH QUALITY PREKINDERGARTEN PROGRAM ALLOTMENT. (a) A school district is entitled to an annual allotment of at least $500 for each student in average daily attendance in a high quality prekindergarten program under Subchapter E-1, Chapter 29. The commissioner may increase the annual allotment under this section for each student in average daily attendance in accordance with funds appropriated for that purpose. In calculating the average daily attendance of a program operating on a full-day basis, a student attending a full-day program is eligible to be counted for only half-day attendance.
(b) A school district that is required to take action under Chapter 41 to reduce its wealth per student to the equalized wealth level is entitled to a credit, in the amount of the allotments to which the district is entitled under this section, against the total amount required under Section 41.093 for the district to purchase attendance credits. A school district that is otherwise ineligible for state aid under this chapter is entitled to receive allotments under this section.
(c) An open-enrollment charter school is entitled to an allotment under this section in the same manner as a school district.
(d) The commissioner shall adopt rules to administer this section, including rules related to the permissible use of funds allocated under this section to an open-enrollment charter school.
SECTION ____. Section 42.302(a), Education Code, is amended to read as follows:
(a) Each school district is guaranteed a specified amount per weighted student in state and local funds for each cent of tax effort over that required for the district's local fund assignment up to the maximum level specified in this subchapter. The amount of state support, subject only to the maximum amount under Section 42.303, is determined by the formula:
GYA = (GL X WADA X DTR X 100) - LR
where:
"GYA" is the guaranteed yield amount of state funds to be allocated to the district;
"GL" is the dollar amount guaranteed level of state and local funds per weighted student per cent of tax effort, which is an amount described by Subsection (a-1) or a greater amount for any year provided by appropriation;
"WADA" is the number of students in weighted average daily attendance, which is calculated by dividing the sum of the school district's allotments under Subchapters B and C, less any allotment to the district for transportation, any allotment under Section 42.158, [or] 42.160, or 42.162, and 50 percent of the adjustment under Section 42.102, by the basic allotment for the applicable year;
"DTR" is the district enrichment tax rate of the school district, which is determined by subtracting the amounts specified by Subsection (b) from the total amount of maintenance and operations taxes collected by the school district for the applicable school year and dividing the difference by the quotient of the district's taxable value of property as determined under Subchapter M, Chapter 403, Government Code, or, if applicable, under Section 42.2521, divided by 100; and
"LR" is the local revenue, which is determined by multiplying "DTR" by the quotient of the district's taxable value of property as determined under Subchapter M, Chapter 403, Government Code, or, if applicable, under Section 42.2521, divided by 100.