Bill Text: TX HB1875 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Relating to an allotment under the public school finance system for the cost of windstorm and hail insurance.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Introduced - Dead) 2015-03-11 - Referred to Public Education [HB1875 Detail]
Download: Texas-2015-HB1875-Introduced.html
84R7899 CAE-D | ||
By: Bonnen of Galveston | H.B. No. 1875 |
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relating to an allotment under the public school finance system for | ||
the cost of windstorm and hail insurance. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter C, Chapter 42, Education Code, is | ||
amended by adding Section 42.161 to read as follows: | ||
Sec. 42.161. WINDSTORM AND HAIL INSURANCE ALLOTMENT. (a) A | ||
school district that contracts for windstorm and hail insurance is | ||
entitled to receive an allotment equal to the total amount required | ||
to be paid for the insurance, not to exceed an amount specified by | ||
commissioner rule. | ||
(b) The commissioner may provide the allotment under this | ||
section only if funds are specifically appropriated for that | ||
purpose or the commissioner determines that the amount appropriated | ||
for purposes of the Foundation School Program exceeds the amount to | ||
which school districts are entitled under this chapter and the | ||
excess funds may be used for that purpose. | ||
SECTION 2. This Act takes effect September 1, 2015. |