Bill Text: TX SB353 | 2017-2018 | 85th Legislature | Introduced

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Bill Title: Relating to the use of revenue received as a result of the purchase of attendance credits to supplement the basic allotment under the public school finance system.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2017-02-01 - Referred to Education [SB353 Detail]

Download: Texas-2017-SB353-Introduced.html

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85R5766 MK-D
By: Watson S.B. No. 353

A BILL TO BE ENTITLED
AN ACT
relating to the use of revenue received as a result of the purchase
of attendance credits to supplement the basic allotment under the
public school finance system.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter A, Chapter 41, Education Code, is
amended by adding Section 41.0012 to read as follows:
Sec. 41.0012. EXCLUSION OF CERTAIN REVENUE.
Notwithstanding Section 41.001(3), in making any determination
necessary for purposes of this chapter, the commissioner shall
exclude the portion of the basic allotment under Section 42.101
that is funded using revenue available to the state as a result of
attendance credits purchased under Subchapter D.
SECTION 2. Section 41.094(b), Education Code, is amended to
read as follows:
(b) Receipts shall be deposited in the state treasury and
may be used only to increase the basic allotment as provided by
Section 42.101(b-1) [for foundation school program purposes].
SECTION 3. Section 42.101, Education Code, is amended by
adding Subsection (b-1) to read as follows:
(b-1) The legislature shall determine the greatest initial
amount that can be provided for the basic allotment under
Subsection (b) without using revenue projected to be available to
the state as a result of attendance credits purchased under
Subchapter D, Chapter 41. The initial amount of the basic allotment
may not be less than the initial amount of the basic allotment for
the second year of the preceding state fiscal biennium. After
making the determination required by this subsection, the
legislature shall use all revenue projected to be available to the
state as a result of attendance credits purchased under Subchapter
D, Chapter 41, to increase the initial amount determined under this
subsection. The General Appropriations Act must specify the amount
by which the initial amount of the basic allotment was increased
using revenue projected to be available to the state as a result of
attendance credits purchased under Subchapter D, Chapter 41.
SECTION 4. The initial amount of the basic allotment to
which a school district is entitled for the 2018-2019 state fiscal
biennium, as provided by Section 42.101, Education Code, as amended
by this Act, may not be an amount that is less than the amount of the
basic allotment to which the school district is entitled for the
state fiscal year beginning September 1, 2016.
SECTION 5. This Act takes effect September 1, 2017.