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A BILL TO BE ENTITLED
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AN ACT
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relating to the determination of wealth per student for school |
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districts with cost-effective spending and measurable student |
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academic progress. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter A, Chapter 41, Education Code, is |
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amended by adding Section 41.0022 to read as follows: |
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Sec. 41.0022. WEALTH PER STUDENT OF SCHOOL DISTRICTS WITH |
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CERTAIN HIGH RATINGS. Notwithstanding any other provision of this |
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chapter, if a school district with a current TXSmartSchools rating |
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from the Texans for Positive Economic Policy of at least four stars |
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on a five-star scale, or the equivalent of that rating under any |
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subsequent system developed by the Texans for Positive Economic |
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Policy, has a wealth per student that exceeds the equalized wealth |
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level under Section 41.002(a)(1), (2), or (3), the commissioner |
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shall consider the district to have, before exercising one or more |
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options under Section 41.003, reduced the district's wealth per |
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student by an amount equal to five percent of the difference between |
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the district's wealth per student and the equalized wealth level |
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under Section 41.002(a)(1), (2), or (3), as applicable. |
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SECTION 2. This Act takes effect September 1, 2017. |