Amend SB 1353 (senate committee report) as follows:
(1) Strike page 1, lines 5-6, and substitute the following:
SECTION 1. Section 13.054, Education Code, is amended by amending Subsections (f) and (g) and adding Subsections (h), (i), and (j) to read as follows:
(2) On page 1, between lines 6 and 7, insert the following:
(f) For five years beginning with the school year in which the annexation occurs, a school district shall receive additional funding under this subsection or Subsection (h). The amount of funding shall be determined [the commissioner shall annually adjust the local fund assignment of a district to which territory is annexed under this section] by multiplying the lesser of the enlarged district's local fund assignment computed under Section 42.252 or the enlarged district's total cost of tier one by a fraction, the numerator of which is the number of students residing in the [district] territory annexed to the receiving district preceding the date of the annexation and the denominator of which is the number of students residing in the district as enlarged on the date of the annexation.
(3) On page 2, between lines 5 and 6, insert the following:
(h) The commissioner may authorize a district to receive payments provided by Subchapter G, instead of Subsection (f), if the commissioner determines that would result in greater payments for the district. A determination by the commissioner is final and may not be appealed.
(i) The funding provided under Subsection (f), (g), or (h) is in addition to other funding the district receives through other provisions of this code, including Chapters 41 and 42.
(j) The commissioner may adopt rules as necessary to implement this section.
(4) Add the following appropriately numbered SECTIONS and renumber subsequent SECTIONS of the bill accordingly:
SECTION ____. Section 41.002(g), Education Code, is amended to read as follows:
(g) The wealth per student that a district may have under Subsection (e) is adjusted as follows:
AWPS = WPS X (((EWL/280,000 - 1) X DTR/1.17 [1.5]) + 1)
where:
"AWPS" is the district's wealth per student;
"WPS" is the district's wealth per student determined under Subsection (e);
"EWL" is the equalized wealth level; and
"DTR" is the district's adopted maintenance and operations tax rate for the current school year.
SECTION ____. Section 13.054(f), Education Code, as amended by this Act, and Section 13.054(h), Education Code, as added by this Act, apply only to an annexation that occurs on or after September 1, 2017.
(5) On page 2, line 6, strike "13.054" and substitute "13.054(g)".