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A BILL TO BE ENTITLED
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AN ACT
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relating to the guaranteed level of state and local funds under the |
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existing debt allotment for school districts that comply with green |
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building guidelines. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 46.032, Education Code, is amended by |
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adding Subsection (a-1) to read as follows: |
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(a-1) Notwithstanding Subsection (a), the dollar amount |
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guaranteed level of state and local funds per student per cent of |
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tax effort ("EDGL") for purposes of that subsection is $37 or a |
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greater amount for any year provided by appropriation for eligible |
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bonds described by Section 46.0321. |
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SECTION 2. Subchapter B, Chapter 46, Education Code, is |
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amended by adding Section 46.0321 to read as follows: |
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Sec. 46.0321. GREATER ALLOTMENT FOR CERTAIN BONDS. (a) In |
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this section, "instructional facility" has the meaning assigned by |
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Section 46.001. |
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(b) A school district is entitled to an allotment under this |
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subchapter based on the dollar amount guaranteed level of state and |
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local funds per student per cent of tax effort ("EDGL") under |
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Section 46.032(a-1) for the payment of eligible bonds that were |
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issued to: |
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(1) construct a new instructional facility in |
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accordance with guidelines established under the Leadership in |
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Energy and Environmental Design (LEED) Green Building Rating |
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System, as determined by commissioner rule; or |
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(2) conduct a major renovation of an existing |
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instructional facility in accordance with guidelines described by |
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Subdivision (1). |
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(c) For purposes of this section, bonds are considered to |
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have been issued to construct a new instructional facility or |
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conduct a major renovation of an existing instructional facility in |
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accordance with guidelines described by Subsection (b)(1) if the |
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instructional facility financed by the bonds was constructed or |
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renovated in accordance with the most recent guidelines available |
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at the time the district began the planning process for the |
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construction or renovation. |
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(d) The commissioner shall determine whether a school |
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district is entitled under this section to the greater allotment. A |
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determination of the commissioner under this subsection is final |
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and may not be appealed. |
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(e) The commissioner shall adopt rules necessary to |
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administer this section. |
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SECTION 3. Sections 46.032(a-1) and 46.0321, Education |
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Code, as added by this Act, apply only to bonds issued by a school |
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district on or after the effective date of this Act. |
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SECTION 4. This Act takes effect September 1, 2007. |