Bill Text: TX HB1572 | 2023-2024 | 88th Legislature | Comm Sub


Bill Title: Relating to instructional facilities funding for certain open-enrollment charter schools.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2023-05-01 - Committee report sent to Calendars [HB1572 Detail]

Download: Texas-2023-HB1572-Comm_Sub.html
  88R6830 BDP-F
 
  By: Dutton H.B. No. 1572
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to instructional facilities funding for certain
  open-enrollment charter schools.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 12.106(d), Education Code, is amended to
  read as follows:
         (d)  Subject to Subsection (e), in addition to other amounts
  provided by this section, a charter holder is entitled to receive,
  for the open-enrollment charter school, funding per student in
  average daily attendance in an amount equal to the guaranteed level
  of state and local funds per student per cent of tax effort under
  Section 46.032(a) multiplied by [the lesser of:
               [(1)]  the state average interest and sinking fund tax
  rate imposed by school districts for the current year[; or
               [(2)  a rate that would result in a total amount to
  which charter schools are entitled under this subsection for the
  current year equal to $60 million].
         SECTION 2.  This Act takes effect September 1, 2023.
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