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A BILL TO BE ENTITLED
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AN ACT
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relating to a reduction of the amount by which certain school |
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districts must reduce their local revenue levels in excess of |
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entitlement under the 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 48.257, Education Code, is amended by |
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amending Subsection (a) and adding Subsection (b-1) to read as |
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follows: |
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(a) Subject to Subsection (b) and except as provided by |
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Subsection (b-1), if a school district's tier one local share under |
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Section 48.256 exceeds the district's entitlement under Section |
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48.266(a)(1) less the district's distribution from the state |
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available school fund, the district must reduce the district's tier |
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one revenue level in accordance with Chapter 49 to a level not to |
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exceed the district's entitlement under Section 48.266(a)(1) less |
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the district's distribution from the state available school fund. |
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(b-1) This subsection applies only to a school district to |
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which Subsection (a) applies and that adopted a maintenance and |
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operations tax rate for the 2024-2025 school year equal to or |
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greater than the sum of the district's maximum compressed tax rate, |
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as determined under Section 48.2551, and six cents. |
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Notwithstanding Subsection (a), if, after reducing the tier one |
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revenue level of a school district to which this subsection applies |
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as required under Subsection (a), the maintenance and operations |
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revenue per student in average daily attendance of the district for |
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a school year would be less than the maintenance and operations |
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revenue per student in average daily attendance available to the |
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district for the 2025-2026 school year, excluding any funding |
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provided to the district under Section 48.279, the agency shall |
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adjust the amount of the reduction required in the district's tier |
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one revenue level under Subsection (a) up to the amount of local |
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funds necessary to provide the district with the amount of |
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maintenance and operations revenue per student in average daily |
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attendance available to the district for the 2025-2026 school year. |
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SECTION 2. This Act takes effect September 1, 2025. |