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A BILL TO BE ENTITLED
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AN ACT
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relating to an allotment under the public school finance system for |
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the cost of windstorm and hail insurance. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter C, Chapter 42, Education Code, is |
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amended by adding Section 42.161 to read as follows: |
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Sec. 42.161. WINDSTORM AND HAIL INSURANCE ALLOTMENT. A |
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school district that contracts for windstorm and hail insurance is |
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entitled to receive an allotment equal to the total amount required |
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to be paid for the insurance, not to exceed an amount specified by |
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commissioner rule. |
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SECTION 2. This Act takes effect September 1, 2017. |