78th Texas Legislature, Regular Session, House Bill 242, Chapter 61 Page: 5 of 9
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H.B. No. 242
1 an agreement authorized by Section 41.125 are counted in a manner
2 determined by the commissioner.
3 SECTION 7. Subchapter E, Chapter 41, Education Code, is
4 amended by adding Section 41.125 to read as follows:
5 Sec. 41.125. CAREER AND TECHNOLOGY EDUCATION
6 PROGRAMS. (a) The board of trustees of a school district with a
7 wealth per student that exceeds the equalized wealth level may
8 reduce the district's wealth per student by executing an agreement
9 to provide students of one or more other districts with career and
10 technology education through a program designated as an area
11 program for career and technology education.
12 (b) The agreement is not effective unless the commissioner
13 certifies that:
14 (1) implementation of the agreement will not result in
15 any of the affected districts' wealth per student being greater
16 than the equalized wealth level; and
17 (2) the agreement requires the district with a wealth
18 per student that exceeds the equalized wealth level to make
19 expenditures benefiting students from other districts in an amount
20 at least equal to the amount that would be required for the district
21 to purchase the number of attendance credits under Subchapter D
22 necessary, in combination with any other actions taken under this
23 chapter other than an action under this section, to reduce the
24 district's wealth per student to a level that is equal to or less
25 than the equalized wealth level.
26 SECTION 8. Section 61.077(b), Education Code, is amended to
27 read as follows:
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Texas. Legislature. House of Representatives. 78th Texas Legislature, Regular Session, House Bill 242, Chapter 61, legislative document, May 2003; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth158451/m1/5/: accessed May 3, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.