By: Lozano	H.B. No. 168

	A BILL TO BE ENTITLED
	AN ACT
	relating to the basic allotment under the public school finance
	system.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1.  Section 48.051(a), Education Code, is amended to
	read as follows:
	(a)  For each student in average daily attendance, not
	including the time students spend each day in special education
	programs in an instructional arrangement other than mainstream or
	career and technology education programs, for which an additional
	allotment is made under Subchapter C, a district is entitled to an
	allotment equal to [the lesser of $6,160 or] the amount that results
	from the following formula:
	A = B [$6,160] X TR/MCR
	where:
	"A" is the allotment to which a district is entitled;
	"B" is the base amount, which equals the greater of:
	(1)  $6,898;
	(2)  an amount equal to the district's base amount under
	this section for the preceding school year; or
	(3)  the amount appropriated under Subsection (b);
	"TR" is the district's tier one maintenance and operations
	tax rate, as provided by Section 45.0032; and
	"MCR" is the district's maximum compressed tax rate, as determined
	under Section 48.2551.
	SECTION 2.  Section 48.202(a-1), Education Code, is amended
	to read as follows:
	(a-1)  For purposes of Subsection (a), the dollar amount
	guaranteed level of state and local funds per weighted student per
	cent of tax effort ("GL") for a school district is:
	(1)  the greater of the amount of district tax revenue
	per weighted student per cent of tax effort available to a school
	district at the 96th percentile of wealth per weighted student or
	the amount that results from multiplying $6,898 [6,160], or the
	greater amount provided under Section 48.051(b), if applicable, by
	0.016, for the first eight cents by which the district's
	maintenance and operations tax rate exceeds the district's tier one
	tax rate; and
	(2)  subject to Subsection (f), the amount that results
	from multiplying $6,898 [$6,160], or the greater amount provided
	under Section 48.051(b), if applicable, by 0.008, for the
	district's maintenance and operations tax effort that exceeds the
	amount of tax effort described by Subdivision (1).
	SECTION 3.  This Act takes effect January 1, 2024.

Statutes affected:
Introduced: Education Code 48.051 (Education Code 48)