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A BILL TO BE ENTITLED
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AN ACT
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relating to the equalized wealth level and the cost of attendance |
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credits under the public school finance system. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 41.002, Education Code, is amended by |
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adding Subsection (a-1) to read as follows: |
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(a-1) Notwithstanding Section 41.001(3), for purposes of |
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determining whether a school district's wealth per student exceeds |
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the wealth per student specified under Subsection (a)(1), the |
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number of students in weighted average daily attendance in the |
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district is calculated by dividing the sum of the district's |
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allotments under Subchapters B and C, Chapter 42, less any |
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allotment under Section 42.158 or 42.160, by the basic allotment |
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for the applicable year. |
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SECTION 2. Section 41.093, Education Code, is amended by |
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adding Subsection (a-1) to read as follows: |
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(a-1) Notwithstanding Section 41.001(3), for purposes of |
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determining under Subsection (a) the cost of a credit to be |
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purchased by a school district to reduce the district's wealth per |
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student to an amount that is equal to or less than the equalized |
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wealth level under Section 41.002(a)(1), the number of students in |
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weighted average daily attendance in a school district is |
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calculated by dividing the sum of the district's allotments under |
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Subchapters B and C, Chapter 42, less any allotment under Section |
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42.158 or 42.160, by the basic allotment for the applicable year. |
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SECTION 3. This Act takes effect September 1, 2017. |