88R4014 MEW-D
 
  By: Geren H.B. No. 1304
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the basic allotment and guaranteed yield under the
  public school finance system.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter F, Chapter 48, Education Code, is
  amended by adding Section 48.2511 to read as follows:
         Sec. 48.2511.  APPROPRIATION FOR PUBLIC EDUCATION.  In each
  biennial General Appropriations Act, the legislature shall set the
  basic allotment under Section 48.051 and the dollar amount
  guaranteed level of state and local funds per weighted student per
  cent of tax effort ("GL") under Section 48.202 for each state fiscal
  year at:
               (1)  the amounts necessary for the amount of state
  funds to which all school districts are jointly entitled under this
  chapter, together with state funds to which all school districts
  are jointly entitled for that state fiscal year under any other law
  that provides funding for the general maintenance and operation of
  the system of public free schools, to comply with the minimum
  requirement of Section 1, Article VII, Texas Constitution; or
               (2)  amounts greater than the amounts specified by
  Subdivision (1).
         SECTION 2.  This Act takes effect September 1, 2024, but only
  if the constitutional amendment proposed by the 88th Legislature,
  Regular Session, 2023, requiring the state to pay at least 50
  percent of the cost of maintaining and operating the public school
  system and prohibiting the comptroller from certifying legislation
  containing an appropriation for public education unless the
  requirement is met, is approved by the voters. If that amendment is
  not approved by the voters, this Act has no effect.