Bill Text: TX SB1722 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to instructional facilities funding for certain open-enrollment charter schools.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-03-16 - Referred to Education [SB1722 Detail]
Download: Texas-2023-SB1722-Introduced.html
By: Paxton | S.B. No. 1722 | |
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relating to instructional facilities funding for certain | ||
open-enrollment charter schools. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 12.106(d), Education Code, is amended to | ||
read as follows: | ||
(d) Subject to Subsection (e), in addition to other amounts | ||
provided by this section, a charter holder is entitled to receive, | ||
for the open-enrollment charter school, funding per student in | ||
average daily attendance in an amount equal to the guaranteed level | ||
of state and local funds per student per cent of tax effort under | ||
Section 46.032(a) multiplied by the lesser of: | ||
(1) the state average interest and sinking fund tax | ||
rate imposed by school districts for the current year; or | ||
(2) a rate that would result in a total amount to | ||
which charter schools are entitled under this subsection for the | ||
current year equal to |
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SECTION 2. This Act takes effect September 1, 2023. |