85R21581 MK-F     By: Bohac H.B. No. 3231     Substitute the following for H.B. No. 3231:     By:  Meyer C.S.H.B. No. 3231       A BILL TO BE ENTITLED   AN ACT   relating to financial accountability standards for charter schools   operated by a public institution of higher education.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 39.082, Education Code, is amended by   adding Subsection (e-1) to read as follows:          (e-1)  The financial performance of a charter school   operated by a public institution of higher education under   Subchapter D or E, Chapter 12, shall be evaluated using only the   indicators adopted under this section determined by the   commissioner by rule as appropriate to accurately measure the   financial performance of such charter schools.          SECTION 2.  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.  If this   Act does not receive the vote necessary for immediate effect, this   Act takes effect September 1, 2017.