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A BILL TO BE ENTITLED
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AN ACT
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relating to an allotment under the public school finance system for |
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certain students enrolled in excess of class size limitations. |
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       BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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       SECTION 1.  Subchapter C, Chapter 48, Education Code, is |
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amended by adding Section 48.116 to read as follows: |
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       Sec. 48.116.  CLASS SIZE ALLOTMENT. (a) A school district |
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is entitled to an annual allotment equal to the basic allotment |
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multiplied by 0.48 for each student in the district enrolled in a |
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class in excess of the maximum number of students permitted to be |
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enrolled in that class under Section 25.112(a) if the district has |
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been granted an exception under Section 25.112(d) from class size |
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limits for the two preceding school years. |
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       (b)  Notwithstanding Subsection (a), the total amount that |
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may be used to provide allotments under that subsection for a school |
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year may not exceed $320 million. If the total amount of allotments |
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to which school districts are entitled under Subsection (a) for a |
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school year exceeds the amount permitted under this subsection, the |
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commissioner shall proportionately reduce the amount of each |
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district's allotment until the total amount for the allotments is |
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equal to the amount permitted under this subsection. |
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       SECTION 2. Section 12.106, Education Code, is amended by |
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adding Subsections (d-1) to read as follows: |
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       (d-1)  Subject to Subsection (e), in addition to other |
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amounts provided by this section, in a geographic area within 5 |
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miles of a district, including the geographic area of the district, |
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that has been granted an exception under Section 25.112(d) from |
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class size limits for the two preceding school years, a charter |
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holder is entitled to receive, for the open-enrollment charter |
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school, funding per student in average daily attendance in an |
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amount equal to the guaranteed level of state and local funds per |
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student per cent of tax effort under Section 46.032(a) multiplied |
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by the lesser of: |
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             (1)  the state average interest and sinking fund tax |
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rate imposed by school districts for the current year; or |
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             (2)  a rate that would result in a total amount to which |
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charter schools are entitled under this subsection for the current |
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year equal to $60 million. |
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       SECTION 2.  This Act takes effect September 1, 2024. |