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A BILL TO BE ENTITLED
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AN ACT
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relating to the basic allotment and guaranteed yield under the |
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public school finance system. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter E, Chapter 42, Education Code, is |
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amended by adding Section 42.25191 to read as follows: |
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Sec. 42.25191. APPROPRIATION FOR PUBLIC EDUCATION. In each |
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biennial General Appropriations Act, the legislature shall set the |
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basic allotment under Section 42.101 and the dollar amount |
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guaranteed level of state and local funds per weighted student per |
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cent of tax effort ("GL") under Section 42.302 for each state fiscal |
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year at: |
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(1) the amounts necessary for the amount of state |
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funds to which all school districts are jointly entitled under this |
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chapter, together with state funds to which all school districts |
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are jointly entitled for that state fiscal year under any other law |
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that provides funding for the general maintenance and operation of |
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the system of public free schools, to comply with the minimum |
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requirement of Section 1, Article VII, Texas Constitution; or |
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(2) amounts greater than the amounts specified by |
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Subdivision (1). |
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SECTION 2. This Act takes effect September 1, 2020, but only |
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if the constitutional amendment proposed by the 86th Legislature, |
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Regular Session, 2019, requiring the state to pay at least 50 |
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percent of the cost of maintaining and operating the public school |
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system and prohibiting the comptroller from certifying legislation |
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containing an appropriation for public education unless the |
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requirement is met, is approved by the voters. If that amendment is |
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not approved by the voters, this Act has no effect. |