84R7819 CAE-D
 
  By: VanDeaver H.B. No. 1474
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the placement of money in the state instructional
  materials fund for public schools to use to purchase instructional
  materials.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 43.001, Education Code, is amended by
  amending Subsection (d) and adding Subsection (e) to read as
  follows:
         (d)  Each biennium [year] the State Board of Education shall
  set aside an amount equal to 50 percent of the [annual] distribution
  for that biennium [year] from the permanent school fund to the
  available school fund as provided by Section 5(a), Article VII,
  Texas Constitution, to be placed, subject to the General
  Appropriations Act, in the state instructional materials fund
  established under Section 31.021.
         (e)  An amount of money equal to the total biennium
  distribution required by Subsection (d) shall be placed in the
  state instructional materials fund not later than the 30th day
  after the date the first fiscal year of the biennium begins.
         SECTION 2.  Section 403.093(d), Government Code, is amended
  to read as follows:
         (d)  The comptroller shall transfer from the general revenue
  fund to the foundation school fund an amount of money necessary to
  fund the foundation school program as provided by Chapter 42,
  Education Code. The comptroller shall make the transfers in
  installments as necessary to comply with Section 42.259, Education
  Code, and permit the Texas Education Agency, to the extent
  authorized by the General Appropriations Act, to make temporary
  transfers from the foundation school fund for payment of the
  instructional materials allotment under Section 31.0211, Education
  Code. Unless an earlier date is necessary for purposes of temporary
  transfers for payment of the instructional materials allotment, an
  [An] installment must be made not earlier than two days before the
  date an installment to school districts is required by Section
  42.259, Education Code, and must not exceed the amount necessary
  for that payment and any temporary transfers for payment of the
  instructional materials allotment.
         SECTION 3.  This Act takes effect September 1, 2015.