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A BILL TO BE ENTITLED
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AN ACT
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relating to the fast and hypersonic growth allotment 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. Section 48.111, Education Code, is amended to |
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read as follows: |
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Sec. 48.111. FAST AND HYPERSONIC GROWTH ALLOTMENT. (a) A |
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school district in which the growth in student enrollment in the |
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district over the preceding three school years is in the top |
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quartile of student enrollment growth in school districts in the |
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state for that period, as determined by the commissioner, is |
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entitled to an annual allotment equal to the basic allotment |
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multiplied by 0.04 for each student in average daily attendance. |
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(b) Instead of the annual allotment under Subsection (a), a |
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school district is entitled to an annual allotment equal to the |
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basic allotment multiplied by 0.25 for each student in average |
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daily attendance if the growth in student enrollment in the |
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district between the school year immediately preceding the previous |
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school year and the previous school year results in: |
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(1) an increase in student enrollment of 500 or more |
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students; and |
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(2) a student enrollment growth rate equal to or |
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greater than 15 percent. |
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SECTION 2. This Act takes effect September 1, 2021. |