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A BILL TO BE ENTITLED
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AN ACT
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relating to a severance payment to a superintendent of a school |
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district. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 11.201(c), Education Code, is amended to |
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read as follows: |
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(c) For purposes of this subsection, "severance payment" |
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means any amount paid by the board of trustees of an independent |
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school district or a board of managers appointed under Chapter 39A |
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to or in behalf of a superintendent on early termination of the |
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superintendent's contract that exceeds the amount earned by the |
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superintendent under the contract as of the date of termination, |
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including any amount that exceeds the amount of earned standard |
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salary and benefits that is paid as a condition of early termination |
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of the contract. The board of trustees or board of managers, as |
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applicable, may not make a severance payment to a superintendent in |
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an amount greater than six months' salary and benefits under the |
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superintendent's terminated contract. The board of trustees or |
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board of managers, as applicable, that makes a severance payment to |
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a superintendent shall report the terms of the severance payment to |
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the commissioner. The commissioner shall reduce the district's |
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Foundation School Program funds by any amount that the amount of the |
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severance payment to the superintendent exceeds an amount equal to |
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six months' [one year's] salary and benefits under the |
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superintendent's terminated contract. The commissioner may adopt |
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rules as necessary to administer this subsection. |
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SECTION 2. Section 11.201(c), Education Code, as amended by |
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this Act, applies only to a severance payment made by the board of |
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trustees of an independent school district or board of managers |
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appointed under Chapter 39A, Education Code, to a superintendent |
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under an agreement entered into on or after the effective date of |
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this Act. A severance payment made by the board of trustees of an |
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independent school district or board of managers appointed under |
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Chapter 39A, Education Code, to a superintendent under an agreement |
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entered into before the effective date of this Act is governed by |
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the law in effect at the time the agreement was made, and that law is |
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continued in effect for that purpose. |
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SECTION 3. This Act takes effect September 1, 2025. |