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A BILL TO BE ENTITLED
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AN ACT
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relating to financial accountability standards for charter schools |
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operated by a public institution of higher education. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 39.082, Education Code, is amended by |
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adding Subsection (e-1) to read as follows: |
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(e-1) The financial performance of a charter school |
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operated by a public institution of higher education under |
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Subchapter D or E, Chapter 12, shall be evaluated using only the |
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indicators adopted under this section determined by the |
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commissioner by rule as appropriate to accurately measure the |
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financial performance of such charter schools. |
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SECTION 2. 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. |