By: Campbell, Huffines	S.B. No. 457
	(In the Senate - Filed January 11, 2017; February 6, 2017,
	read first time and referred to Committee on Education;
	April 24, 2017, reported adversely, with favorable Committee
	Substitute by the following vote:  Yeas 7, Nays 4; April 24, 2017,
	sent to printer.)
Click here to see the committee vote
	COMMITTEE SUBSTITUTE FOR S.B. No. 457	By:  Campbell

	A BILL TO BE ENTITLED
	AN ACT
	relating to funding for an open-enrollment charter school based on
	the guaranteed level of state and local funds provided to school
	districts through the existing debt allotment.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1.  Section 12.106, Education Code, is amended by
	adding Subsection (d) to read as follows:
	(d)  In addition to other amounts provided by this section, a
	charter holder is entitled to receive, for the open-enrollment
	charter school, funding per student in average daily attendance in
	an amount equal to the guaranteed level of state and local funds per
	student per cent of tax effort under Section 46.032(a) multiplied
	by the state average interest and sinking fund tax rate imposed by
	school districts for the current year.
	SECTION 2.  This Act takes effect only if a specific
	appropriation for the implementation of the Act is provided in a
	general appropriations act of the 85th Legislature.
	SECTION 3.  This Act takes effect September 1, 2017.
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