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A BILL TO BE ENTITLED
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AN ACT
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relating to exempting school districts impacted by education |
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savings account programs from the recapture of maintenance and |
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operations ad valorem tax revenue under the public school finance |
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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 (a-1) to read as |
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follows: |
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(a) Subject to Subsections (a-1) and [Subsection] (b), if a |
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school district's tier one local share under Section 48.256 exceeds |
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the district's entitlement under Section 48.266(a)(1) less the |
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district's distribution from the state available school fund, the |
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district must reduce the district's tier one revenue level in |
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accordance with Chapter 49 to a level not to exceed the district's |
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entitlement under Section 48.266(a)(1) less the district's |
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distribution from the state available school fund. |
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(a-1) This section does not apply to a school district in a |
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school year in which the district experiences a net decline in |
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student enrollment from the preceding school year that is |
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attributable to students participating in an education savings |
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account program or a similar program through which a child may use |
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state money for nonpublic primary or secondary education. |
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SECTION 2. This Act takes effect September 1, 2025. |