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A BILL TO BE ENTITLED
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AN ACT
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relating to a transportation allotment credit for school districts |
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required to take action to reduce wealth per student. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 42.155, Education Code, is amended by |
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adding Subsection (m) to read as follows: |
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(m) A school district that is required to take action under |
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Chapter 41 to reduce its wealth per student to the equalized wealth |
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level is entitled to a credit, in the amount of the allotments to |
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which the district is entitled under this section, against the |
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total amount required under Section 41.093 for the district to |
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purchase attendance credits. The commissioner may adopt rules |
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necessary to implement this subsection. |
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SECTION 2. This Act takes effect September 1, 2015. |