Bill Text: TX HJR96 | 2011-2012 | 82nd Legislature | Introduced
Bill Title: Proposing a constitutional amendment abolishing the State Board of Education and transferring the board's constitutional functions to the Texas Education Agency.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2011-02-24 - Referred to Public Education [HJR96 Detail]
Download: Texas-2011-HJR96-Introduced.html
| 82R1800 EAH-D | ||
| By: Alonzo | H.J.R. No. 96 | |
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| proposing a constitutional amendment abolishing the State Board of | ||
| Education and transferring the board's constitutional functions to | ||
| the Texas Education Agency. | ||
| BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 3(b), Article VII, Texas Constitution, | ||
| is amended to read as follows: | ||
| (b) It shall be the duty of the Texas Education Agency | ||
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| available funds to provide free text books for the use of children | ||
| attending the public free schools of this State. | ||
| SECTION 2. Section 4, Article VII, Texas Constitution, is | ||
| amended to read as follows: | ||
| Sec. 4. The lands herein set apart to the Public Free School | ||
| fund, shall be sold under such regulations, at such times, and on | ||
| such terms as may be prescribed by law; and the Legislature shall | ||
| not have power to grant any relief to purchasers thereof. The | ||
| proceeds of such sales must be used to acquire other land for the | ||
| Public Free School fund as provided by law or the proceeds shall be | ||
| invested by the comptroller of public accounts, as may be directed | ||
| by the Texas Education Agency [ |
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| for, in the bonds of the United States, the State of Texas, or | ||
| counties in said State, or in such other securities, and under such | ||
| restrictions as may be prescribed by law; and the State shall be | ||
| responsible for all investments. | ||
| SECTION 3. Sections 5(a) and (f), Article VII, Texas | ||
| Constitution, are amended to read as follows: | ||
| (a) The permanent school fund consists of all land | ||
| appropriated for public schools by this constitution or the other | ||
| laws of this state, other properties belonging to the permanent | ||
| school fund, and all revenue derived from the land or other | ||
| properties. The available school fund consists of the distributions | ||
| made to it from the total return on all investment assets of the | ||
| permanent school fund, the taxes authorized by this constitution or | ||
| general law to be part of the available school fund, and | ||
| appropriations made to the available school fund by the | ||
| legislature. The total amount distributed from the permanent school | ||
| fund to the available school fund: | ||
| (1) in each year of a state fiscal biennium must be an | ||
| amount that is not more than six percent of the average of the | ||
| market value of the permanent school fund, excluding real property | ||
| belonging to the fund that is managed, sold, or acquired under | ||
| Section 4 of this article, on the last day of each of the 16 state | ||
| fiscal quarters preceding the regular session of the legislature | ||
| that begins before that state fiscal biennium, in accordance with | ||
| the rate adopted by: | ||
| (A) the Texas Education Agency [ |
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| (B) the legislature by general law or | ||
| appropriation, if the Texas Education Agency [ |
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| this subdivision; and | ||
| (2) over the 10-year period consisting of the current | ||
| state fiscal year and the nine preceding state fiscal years may not | ||
| exceed the total return on all investment assets of the permanent | ||
| school fund over the same 10-year period. | ||
| (f) Notwithstanding any other provision of this | ||
| constitution, in managing the assets of the permanent school fund, | ||
| the Texas Education Agency [ |
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| exchange, sell, supervise, manage, or retain, through procedures | ||
| and subject to restrictions it establishes and in amounts it | ||
| considers appropriate, any kind of investment[ |
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| prudence, discretion, and intelligence, exercising the judgment | ||
| and care under the circumstances then prevailing, acquire or retain | ||
| for their own account in the management of their affairs, not in | ||
| regard to speculation but in regard to the permanent disposition of | ||
| their funds, considering the probable income as well as the | ||
| probable safety of their capital. | ||
| SECTION 4. Section 8, Article VII, Texas Constitution, is | ||
| amended to read as follows: | ||
| Sec. 8. The Legislature shall provide by law for a Texas | ||
| Education Agency [ |
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| duties as may be prescribed by law. | ||
| SECTION 5. This proposed constitutional amendment shall be | ||
| submitted to the voters at an election to be held November 8, 2011. | ||
| The ballot shall be printed to permit voting for or against the | ||
| proposition: "The constitutional amendment abolishing the State | ||
| Board of Education and transferring the board's constitutional | ||
| functions to the Texas Education Agency." | ||
