Bill Text: TX HB3971 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to a financial report filed by an open-enrollment charter school.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-03-20 - Referred to Public Education [HB3971 Detail]
Download: Texas-2023-HB3971-Introduced.html
88R11422 MM-F | ||
By: Capriglione | H.B. No. 3971 |
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relating to a financial report filed by an open-enrollment charter | ||
school. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 12.1168(b), Education Code, is amended | ||
to read as follows: | ||
(b) A financial report filed under Section 44.008 by an | ||
open-enrollment charter school must separately disclose: | ||
(1) each [ |
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between the open-enrollment charter school and any related party, | ||
separately stating the: | ||
(A) relationship; | ||
(B) address; | ||
(C) principal; | ||
(D) [ |
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(E) annual and total contract payments including | ||
a description of goods or services; [ |
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(F) annual and total lease payments including a | ||
description of the property; [ |
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(2) the total compensation and benefits provided by | ||
the school and any related party for each member of the governing | ||
body and each officer and administrator of the school and the | ||
related party; | ||
(3) the name and address of any management company; | ||
and | ||
(4) fees paid during each of the preceding three years | ||
to a management company or to any related party for each good, | ||
service, or item, including: | ||
(A) management services; | ||
(B) branding or licensing; | ||
(C) advertising; | ||
(D) student recruitment; | ||
(E) instructional costs including curriculum and | ||
professional development; | ||
(F) facility development; | ||
(G) student uniforms; and | ||
(H) teacher salaries. | ||
SECTION 2. Section 44.008(f), Education Code, is amended to | ||
read as follows: | ||
(f) An open-enrollment charter school shall provide an | ||
accounting of each parcel of the school's owned or leased real | ||
property, including identifying the: | ||
(1) address; | ||
(2) owner; | ||
(3) purpose and use of each parcel; | ||
(4) name of each campus listed; and | ||
(5) annual and total amount of local, state, and | ||
federal funds used to purchase, lease, or improve each parcel of | ||
property. | ||
SECTION 3. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2023. |