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A BILL TO BE ENTITLED
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AN ACT
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relating to state financial assistance for a school district to |
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which an academically unacceptable school district is annexed. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 13.054(g), Education Code, is amended to |
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read as follows: |
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(g) In order to assist with the costs of facility |
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renovation, repair, and replacement, a [A] district to which |
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territory is annexed under this section is entitled to additional |
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state aid for five years, beginning with the school year in which |
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the annexation occurs [equal to the amount by which the annual debt
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service required to meet the indebtedness incurred by the district
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due to the annexation exceeds the additional amount of state aid
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that results from the adjustment under Subsection (f), if any]. The |
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commissioner shall determine the amount of additional state aid |
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provided each year by dividing the amount of debt service taxes |
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received by the district during the tax year preceding the tax year |
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in which the annexation occurs by the number of students enrolled in |
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the district immediately preceding the date of annexation, and |
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multiplying that result by the number of additional students |
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enrolled in the district on September 1 after the date of |
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annexation. The commissioner shall provide additional state aid |
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under this subsection from funds appropriated for purposes of the |
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Foundation School Program and available for that purpose. A |
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determination by the commissioner under this subsection is final |
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and may not be appealed. [In determining the amount of annual debt
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service required, the estimated tax levy from applying the
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receiving district's current debt service tax rate, if any, to the
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territory that has been annexed shall be deducted.] |
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SECTION 2. Section 13.054, Education Code, as amended by |
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this Act, applies to a school district to which territory is annexed |
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under that section on or after July 1, 2016. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2017. |