By:
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Ellis S.B.
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No.
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701A BILL TO BE ENTITLEDAN ACTrelating to state assistance to fund public school instructionalfacilities that meet certain design and construction, renovation,or improvement standards.BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:SECTION
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1.
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Section 46.003(a), Education Code, is amended toread as follows:(a)
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For each year, except as provided by Sections 46.005 and46.006, a school district is guaranteed a specified amount perstudent in state and local funds for each cent of tax effort, up tothe maximum rate under Subsection (b), to pay the principal of andinterest on eligible bonds issued to construct, acquire, renovate,or improve an instructional facility. The amount of state supportis determined by the formula:FYA = (FYL X ADA X BTR X 100) - (BTR X (DPV/100))where:"FYA" is the guaranteed facilities yield amount of statefunds allocated to the district for the year;"FYL" is the dollar amount guaranteed level of state andlocal funds per student per cent of tax effort, which is $35 or agreater amount for any year provided by appropriation or providedfor under Section 46.0031;"ADA" is the greater of the number of students in averagedaily attendance, as determined under Section 42.005, in the123456789101112131415161718192021222324
81R6530 PAM-D
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district or 400;"BTR" is the district
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s bond tax rate for the current year,which is determined by dividing the amount budgeted by the districtfor payment of eligible bonds by the quotient of the district
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staxable value of property as determined under Subchapter M, Chapter403, Government Code, or, if applicable, Section 42.2521, dividedby 100; and"DPV" is the district
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s taxable value of property asdetermined under Subchapter M, Chapter 403, Government Code, or, ifapplicable, Section 42.2521.SECTION
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2.
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Subchapter A, Chapter 46, Education Code, isamended by adding Section 46.0031 to read as follows:Sec.
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46.0031.
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INCREASED ALLOTMENT AMOUNT FOR INSTRUCTIONALFACILITIES USING HIGH-PERFORMANCE, SUSTAINABLE DESIGN ANDCONSTRUCTION, RENOVATION, OR IMPROVEMENT STANDARDS. (a)
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Thissection applies to state support to pay the principal and interestonly on eligible bonds as provided by Section 46.003(e) issued forthe design and construction or acquisition of an instructionalfacility described by Subsection (b) or for the renovation orimprovement of an instructional facility described by Subsection(b) the cost of which is more than 50 percent of the value of thefacility.(b)
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An instructional facility to which this section appliesmust be designed and constructed, renovated, or improved so thatthe facility achieves certification under a high-performancebuilding standard that:(1)
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exceeds, by at least 15 percent, building code123456789101112131415161718192021222324252627S.B.
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No.
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701
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standards for energy and water efficiency existing at the beginningof construction, renovation, or improvement;(2)
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establishes minimum requirements for indoor airquality;(3)
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requires substantiating documentation forcertification;(4)
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employs third-party, postconstruction measurementand verification for certification; and(5)
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is determined by the state energy conservationoffice to be nationally recognized in the building industry.(c)
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For an instructional facility to which this sectionapplies, the dollar amount guaranteed level of state and localfunds per student per cent of tax effort ("FYL") under Section46.003(a) is an amount equal to the amount specified by Section46.003(a) or by appropriation, as applicable, plus 10 percent ofthe applicable amount.(d)
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This section applies only if a sufficient amount ofmoney is appropriated to fund the minimum increased amount underSubsection (c) for each year of the state fiscal biennium beginningSeptember 1, 2009. This subsection expires September 1, 2011.SECTION
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3.
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Section 46.032(a), Education Code, is amended toread as follows:(a)
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Each school district is guaranteed a specified amountper student in state and local funds for each cent of tax effort topay the principal of and interest on eligible bonds. The amount ofstate support, subject only to the maximum amount under Section46.034, is determined by the formula:123456789101112131415161718192021222324252627S.B.
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No.
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701
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