TITLE: Relating to the adjustment of the public school financial accountability rating system for certain small and mid-sized school districts to account for the implementation of a local optional teacher designation system.

SUMMARY: Relating to the adjustment of the public school financial accountability rating system for certain small and mid-sized school districts to account for the implementation of a local optional teacher designation system.

FULL TEXT:
AN ACT relating to the adjustment of the public school financial accountability rating system for certain small and mid-sized school districts to account for the implementation of a local optional teacher designation system. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter D, Chapter 39, Education Code, is amended by adding Section 39.088 to read as follows: Sec. 39.088. LOCAL OPTIONAL TEACHER DESIGNATION SYSTEM IMPLEMENTATION ADJUSTMENT FOR FINANCIAL ACCOUNTABILITY. The commissioner shall adjust the financial accountability rating system under Section 39.082 for a school district entitled to an allotment under Section 48.101 to account for the impact of financial practices necessary to implement a local optional teacher designation system under Section 21.3521. SECTION 2. This Act applies beginning with the 2023-2024 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.