By: Guillen	H.B. No. 22

	A BILL TO BE ENTITLED
	AN ACT
	relating to a determination of a school district's assets to
	liabilities ratio under the public school financial accountability
	rating system.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1.  Section 39.082(c), Education Code, is amended to
	read as follows:
	(c)  The system may not include an indicator under Subsection
	(b) or any other performance measure that:
	(1)  requires a school district to spend at least 65
	percent or any other specified percentage of district operating
	funds for instructional purposes; [or]
	(2)  lowers the financial management performance
	rating of a school district for failure to spend at least 65 percent
	or any other specified percentage of district operating funds for
	instructional purposes; or
	(3)  for a school district required to reduce its local
	revenue level under Section 48.257, includes in determining the
	district's ratio of assets to liabilities any amount required to be
	expended by the district to comply with Chapter 49.
	SECTION 2.  This Act applies beginning with the 2024-2025
	school year.
	SECTION 3.  This Act takes effect immediately if it receives
	a vote of two-thirds of all the members elected to each house, as
	provided by Section 39, Article III, Texas Constitution. If this
	Act does not receive the vote necessary for immediate effect, this
	Act takes effect on the 91st day after the last day of the
	legislative session.

Statutes affected:
Introduced: Education Code 39.082 (Education Code 39)