84R2030 CAE-F
 
  By: Watson S.B. No. 242
 
 
 
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.
         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.  This Act takes effect September 1, 2015.