Bill Text: TX HB4709 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to a reduction of the amount by which certain school districts must reduce their local revenue levels in excess of entitlement under the public school finance system.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2023-03-22 - Referred to Public Education [HB4709 Detail]
Download: Texas-2023-HB4709-Introduced.html
88R14307 MEW-F | ||
By: Plesa | H.B. No. 4709 |
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relating to a reduction of the amount by which certain school | ||
districts must reduce their local revenue levels in excess of | ||
entitlement under the public school finance system. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 48.257, Education Code, is amended by | ||
amending Subsection (a) and adding Subsection (b-1) to read as | ||
follows: | ||
(a) Subject to Subsection (b) and except as provided by | ||
Subsection (b-1), if a school district's tier one local share under | ||
Section 48.256 exceeds the district's entitlement under Section | ||
48.266(a)(1) less the district's distribution from the state | ||
available school fund, the district must reduce the district's tier | ||
one revenue level in accordance with Chapter 49 to a level not to | ||
exceed the district's entitlement under Section 48.266(a)(1) less | ||
the district's distribution from the state available school fund. | ||
(b-1) This subsection applies only to a school district to | ||
which Subsection (a) applies and that adopted a maintenance and | ||
operations tax rate for the 2022-2023 school year equal to or | ||
greater than the sum of the district's maximum compressed tax rate, | ||
as determined under Section 48.2551, and six cents. | ||
Notwithstanding Subsection (a), if, after reducing the tier one | ||
revenue level of a school district to which this subsection applies | ||
as required under Subsection (a), the maintenance and operations | ||
revenue per student in average daily attendance of the district for | ||
a school year would be less than the maintenance and operations | ||
revenue per student in average daily attendance available to the | ||
district for the 2023-2024 school year, excluding any funding | ||
provided to the district under Sections 48.278, 48.279, and 48.281, | ||
the agency shall adjust the amount of the reduction required in the | ||
district's tier one revenue level under Subsection (a) up to the | ||
amount of local funds necessary to provide the district with the | ||
amount of maintenance and operations revenue per student in average | ||
daily attendance available to the district for the 2023-2024 school | ||
year. | ||
SECTION 2. This Act takes effect September 1, 2023. |