Bill Text: TX HB729 | 2019-2020 | 86th Legislature | Introduced

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Bill Title: Relating to the equalized wealth level under the public school finance system.

Sponsorship: Partisan Bill (Republican 3)

Status: (Introduced - Dead) 2019-02-21 - Referred to Public Education [HB729 Detail]

Download: Texas-2019-HB729-Introduced.html

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86R3099 KJE-D
By: Biedermann H.B. No. 729

A BILL TO BE ENTITLED
AN ACT
relating to the equalized wealth level under the public school
finance system.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 41.002, Education Code, is amended by
adding Subsection (h) to read as follows:
(h) Notwithstanding Subsection (a), in accordance with a
determination of the commissioner, the wealth per student that a
school district may have after exercising an option under Section
41.003 may not be less than the amount needed to maintain state and
local revenue per weighted student for maintenance and operation of
the district equal to the statewide average amount of state and
local revenue per weighted student for maintenance and operation of
a district.
SECTION 2. This Act takes effect September 1, 2019.