85R1017 CAE-F
 
  By: Huffines S.B. No. 604
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the determination of wealth per student for school
  districts with cost-effective spending and measurable student
  academic progress.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter A, Chapter 41, Education Code, is
  amended by adding Section 41.0022 to read as follows:
         Sec. 41.0022.  WEALTH PER STUDENT OF SCHOOL DISTRICTS WITH
  CERTAIN HIGH RATINGS. Notwithstanding any other provision of this
  chapter, if a school district with a current TXSmartSchools rating
  from the Texans for Positive Economic Policy of at least four stars
  on a five-star scale, or the equivalent of that rating under any
  subsequent system developed by the Texans for Positive Economic
  Policy, has a wealth per student that exceeds the equalized wealth
  level under Section 41.002(a)(1), (2), or (3), the commissioner
  shall consider the district to have, before exercising one or more
  options under Section 41.003, reduced the district's wealth per
  student by an amount equal to five percent of the difference between
  the district's wealth per student and the equalized wealth level
  under Section 41.002(a)(1), (2), or (3), as applicable.
         SECTION 2.  This Act takes effect September 1, 2017.