Bill Text: TX HB1838 | 2017-2018 | 85th Legislature | Introduced

Texas House Bill 1838 (Prior Session Legislation)

Introduced

Bill Title: Relating to a limitation on the amount of school property tax revenue that is subject to recapture under the public school finance system.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-03-09 - Referred to Public Education [HB1838 Detail]

Download: Texas-2017-HB1838-Introduced.html

	85R6444 KKA-D

	By: Meyer	H.B. No. 1838



	A BILL TO BE ENTITLED
	AN ACT
	relating to a limitation on the amount of school property tax
	revenue that is subject to recapture under the public school
	finance system.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Subchapter D, Chapter 41, Education Code, is
	amended by adding Section 41.0932 to read as follows:
	Sec. 41.0932. LIMITATION ON TOTAL COST. (a)
	Notwithstanding any other provision of this chapter, a school
	district that executes an agreement to purchase all attendance
	credits necessary to reduce the district's wealth per student to
	the equalized wealth level:
	(1) is entitled to retain maintenance and operations
	tax revenue sufficient to pay the district's average maintenance
	and operations costs per student in average daily attendance, as
	determined under Subsection (b) and adjusted for inflation; and
	(2) may not be required to pay a total amount for
	attendance credits that would reduce the district's retained
	maintenance and operations tax revenue below the amount described
	by Subdivision (1).
	(b) For purposes of Subsection (a)(1), the commissioner
	shall determine a school district's average maintenance and
	operations costs per student in average daily attendance based on
	the district's maintenance and operations expenditures per student
	in average daily attendance for the preceding three school years.
	The commissioner shall adjust a district's average costs to reflect
	inflation in a manner determined appropriate by the commissioner.
	(c) A determination by the commissioner under this section
	is final and may not be appealed.
	(d) The commissioner shall adopt rules necessary to
	implement this section.
	SECTION 2. This Act takes effect September 1, 2017.