Bill Text: TX SB647 | 2017-2018 | 85th Legislature | Introduced


Bill Title: Relating to a transportation allotment credit for school districts required to take action to reduce wealth per student and inclusion of the cost of education adjustment in the computation of weighted average daily attendance.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-02-13 - Referred to Education [SB647 Detail]

Download: Texas-2017-SB647-Introduced.html
  85R2172 CAE-D
 
  By: Seliger S.B. No. 647
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to a transportation allotment credit for school districts
  required to take action to reduce wealth per student and inclusion
  of the cost of education adjustment in the computation of weighted
  average daily attendance.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 42.155, Education Code, is amended by
  adding Subsection (m) to read as follows:
         (m)  A school district that is required to take action under
  Chapter 41 to reduce its wealth per student to the equalized wealth
  level is entitled to a credit, in the amount of the allotments to
  which the district is entitled under this section, against the
  total amount required under Section 41.093 for the district to
  purchase attendance credits. The commissioner may adopt rules
  necessary to implement this subsection.
         SECTION 2.  Section 42.302(a), Education Code, is amended to
  read as follows:
         (a)  Each school district is guaranteed a specified amount
  per weighted student in state and local funds for each cent of tax
  effort over that required for the district's local fund assignment
  up to the maximum level specified in this subchapter.  The amount
  of state support, subject only to the maximum amount under Section
  42.303, is determined by the formula:
  GYA = (GL X WADA X DTR X 100) - LR
  where:
         "GYA" is the guaranteed yield amount of state funds to be
  allocated to the district;
         "GL" is the dollar amount guaranteed level of state and local
  funds per weighted student per cent of tax effort, which is an
  amount described by Subsection (a-1) or a greater amount for any
  year provided by appropriation;
         "WADA" is the number of students in weighted average daily
  attendance, which is calculated by dividing the sum of the school
  district's allotments under Subchapters B and C, less any allotment
  to the district for transportation and [,] any allotment under
  Section 42.158 or 42.160, [and 50 percent of the adjustment under
  Section 42.102,] by the basic allotment for the applicable year;
         "DTR" is the district enrichment tax rate of the school
  district, which is determined by subtracting the amounts specified
  by Subsection (b) from the total amount of maintenance and
  operations taxes collected by the school district for the
  applicable school year and dividing the difference by the quotient
  of the district's taxable value of property as determined under
  Subchapter M, Chapter 403, Government Code, or, if applicable,
  under Section 42.2521, divided by 100; and
         "LR" is the local revenue, which is determined by multiplying
  "DTR" by the quotient of the district's taxable value of property as
  determined under Subchapter M, Chapter 403, Government Code, or, if
  applicable, under Section 42.2521, divided by 100.
         SECTION 3.  This Act takes effect September 1, 2017.
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