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Amend CSHB 3 (senate committee report) as follows:
(1)  Add the following appropriately numbered SECTION to Article 1 of the bill:
SECTION 1.___.  (a) Effective September 1, 2019, Section 12.106, Education Code, is amended by amending Subsection (a) and adding Subsection (a-3) to read as follows:
(a)  A charter holder is entitled to receive for the open-enrollment charter school funding under Chapter 48 [42] equal to the amount of funding per student in weighted average daily attendance, excluding the adjustment under Section 48.052, the allotments under Sections 48.101, 48.109, 48.111, and 48.112, and enrichment funding under Section 48.202(a) [42.302(a)], to which the charter holder would be entitled for the school under Chapter 48 [42] if the school were a school district without a tier one local share for purposes of Section 48.266 [42.253].
(a-3)  In addition to the funding provided by Subsections (a), (a-1), and (a-2), a charter holder is entitled to receive funding for the open-enrollment charter school under Sections 48.109 and 48.112 and Subchapter D, Chapter 48, if the charter holder would be entitled to the funding if the school were a school district.
(b)  Effective September 1, 2024, Section 12.106, Education Code, is amended by amending Subsection (a) and adding Subsection (a-3) to read as follows:
(a)  A charter holder is entitled to receive for the open-enrollment charter school funding under Chapter 48 [42] equal to the amount of funding per student in weighted average daily attendance, excluding the adjustment under Section 48.052, the allotments under Sections 48.101, 48.109, 48.110, 48.111, and 48.112, and enrichment funding under Section 48.202(a) [42.302(a)], to which the charter holder would be entitled for the school under Chapter 48 [42] if the school were a school district without a tier one local share for purposes of Section 48.266 [42.253].
(a-3)  In addition to the funding provided by Subsections (a), (a-1), and (a-2), a charter holder is entitled to receive funding for the open-enrollment charter school under Sections 48.109, 48.110, and 48.112 and Subchapter D, Chapter 48, if the charter holder would be entitled to the funding if the school were a school district.
(2)  Strike the recital to SECTION 1.001 of the bill (page 1, lines 27 through 29), and substitute "Section 12.106, Education Code, is amended by amending Subsections (a-1) and (a-2) and adding Subsection (a-4) to read as follows:".
(3)  In SECTION 1.001 of the bill, in amended Section 12.106, Education Code, strike the following subsections:
(A)  Subsection (a) (page 1, lines 30 through 39); and
(B)  Subsection (a-3) (page 2, lines 5 through 10).
(4)  Strike the recital to SECTION 1.027 of the bill (page 21, lines 7 through 9) and substitute "Subchapter C, Chapter 48, Education Code, as added by this Act, is amended by adding Section 48.109 to read as follows:".
(5)  On page 22, between lines 43 and 44, insert the following, appropriately numbered:
SECTION 1.__.  Effective September 1, 2024, Subchapter C, Chapter 48, Education Code, as added by this Act, is amended by adding Section 48.110 to read as follows:
(6)  On page 23, between lines 36 and 37, insert the following appropriately numbered SECTION:
SECTION 1.__.  Subchapter C, Chapter 48, Education Code, as added by this Act, is amended by adding Sections 48.1101, 48.111, 48.112, and 48.113 to read as follows:
Sec. 48.1101.  COLLEGE, CAREER, OR MILITARY READINESS TRANSITION ALLOTMENT. (a) Each year, the commissioner shall distribute $400 million to school districts and open-enrollment charter schools allocated as follows:
(1)  one-half to districts and schools at or below the 25th percentile of statewide college, career, or military readiness for annual graduates as described by Subsection (d) for the 2016-2017 school year; and
(2)  the remainder to districts and schools above the 25th percentile of statewide college, career, or military readiness for annual graduates as described by Subsection (d) for the 2016-2017 school year.
(b)  The amount awarded to a school district or open-enrollment charter school under Subsection (a)(1) is based on the proportion of students enrolled in high school in the district or school as compared to total students enrolled in high school in districts and schools at or below the 25th percentile of statewide college, career, or military readiness for annual graduates. The amount awarded to a school district or open-enrollment charter school under Subsection (a)(2) is based on the proportion of students enrolled in high school in the district or school as compared to total students enrolled in high school in districts and schools above the 25th percentile of statewide college, career, or military readiness for annual graduates.
(c)  Funds distributed under this section must be used to improve college, career, or military readiness as described by Subsection (d).
(d)  For purposes of this section, an annual graduate demonstrates:
(1)  college readiness if the annual graduate:
(A)  achieves a minimum score set by commissioner rule on the ACT, the SAT, or an assessment instrument designated by the Texas Higher Education Coordinating Board under Section 51.334; and
(B)  during a time period established by commissioner rule, enrolls at a postsecondary educational institution;
(2)  career readiness if the annual graduate:
(A)  achieves a minimum score set by commissioner rule on the ACT, the SAT, or an assessment instrument designated by the Texas Higher Education Coordinating Board under Section 51.334; and
(B)  during a time period established by commissioner rule, earns an industry-accepted certificate; and
(3)  military readiness if the annual graduate:
(A)  achieves a minimum score set by commissioner rule on the Armed Services Vocational Aptitude Battery; and
(B)  during a time period established by commissioner rule, enlists in the armed forces of the United States.
(e)  This section expires September 1, 2024.
(7)  In SECTION 1.041 of the bill, in added Section 48.277(b)(2), Education Code, strike Paragraph (E) (page 42, lines 58 and 59) and reletter subsequent paragraphs accordingly.
(8)  In the recital to SECTION 2.001 of the bill, adding Section 4.003, Education Code (page 62, line 42), between the period and "Chapter", insert "(a) Effective September 1, 2019,".
(9)  In SECTION 2.001 of the bill, in added Section 4.003(2), Education Code (page 62, line 56), strike "as provided by Section 48.110(e)".
(10)  In SECTION 2.001 of the bill (page 62, between lines 56 and 57), insert the following:
(b)  Effective September 1, 2024, Chapter 4, Education Code, is amended by adding Section 4.003 to read as follows:
Sec. 4.003.  60x30TX GOALS. To further the state's master plan developed under Section 61.051 for at least 60 percent of all adults aged 25 to 34 in this state to achieve a postsecondary degree or workforce credential by 2030, the following goals are established:
(1)  at least 60 percent of all public school students in each demographic category considered under Section 39.053(c)(3) shall perform satisfactorily on a third grade reading assessment instrument described by Section 48.109(b) by 2030; and
(2)  at least 60 percent of all public school students in each demographic category considered under Section 39.053(c)(3) who graduate high school shall meet college, career, and military readiness standards as provided by Section 48.110(e) by 2030.
(11)  Renumber SECTIONS of the bill accordingly.