88R12775 MEW-D
	By: Rogers	H.B. No. 2842

	A BILL TO BE ENTITLED
	AN ACT
	relating to requiring the legislature to set the basic allotment
	and guaranteed yield under the public school finance system at
	certain amounts in the General Appropriations Act.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1.  Subchapter F, Chapter 48, Education Code, is
	amended by adding Section 48.2511 to read as follows:
	Sec. 48.2511.  APPROPRIATION FOR PUBLIC EDUCATION.  (a)  In
	each biennial General Appropriations Act, the legislature shall set
	the basic allotment under Section 48.051 and the dollar amount
	guaranteed level of state and local funds per weighted student per
	cent of tax effort ("GL") under Section 48.202 for each state fiscal
	year at:
	(1)  the amounts necessary for the amount of state
	funds to which all school districts are jointly entitled under this
	chapter, together with state funds to which all school districts
	are jointly entitled for that state fiscal year under any other law
	that provides funding for the general maintenance and operation of
	the system of public free schools, to constitute, as determined by
	the legislature, at least 50 percent of the cost of maintaining and
	operating that system; or
	(2)  amounts greater than the amounts specified by
	Subdivision (1).
	(b)  For purposes of calculating the amount of state funds
	required under Subsection (a), the legislature may not consider
	money that is attributable to an ad valorem tax imposed by a school
	district on property located in the school district, including any
	revenue the school district is required to transfer to the state to
	reduce the school district's local revenue level in accordance with
	Chapter 49.
	SECTION 2.  This Act takes effect September 1, 2023.

Statutes affected:
Introduced: ()