TITLE: Relating to funding for an open-enrollment charter school based on average amounts collected by school districts under the instructional facilities allotment and the existing debt allotment.

SUMMARY: Relating to funding for an open-enrollment charter school based on average amounts collected by school districts under the instructional facilities allotment and the existing debt allotment.

FULL TEXT:
AN ACT relating to funding for an open-enrollment charter school based on average amounts collected by school districts under the instructional facilities allotment and 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 state average amount of revenue per student in average daily attendance collected by independent school districts under Sections 46.003(a) and 46.032(a). SECTION 2. Section 12.106(d), Education Code, as added by this Act, applies to funding per student in average daily attendance at an open-enrollment charter school for the 2015-2016 and 2016-2017 school years only if the 84th Legislature makes a specific appropriation to implement that provision. SECTION 3. This Act takes effect September 1, 2015.