87R2890 MM-D     By: González of El Paso H.B. No. 4377       A BILL TO BE ENTITLED   AN ACT   relating to funding for open-enrollment charter schools.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 12.106, Education Code, is amended by   adding Subsection (k) to read as follows:          (k)  Notwithstanding any other provision of this section,   the total amount of funding per student in weighted average daily   attendance to which a charter holder may be entitled for an   open-enrollment charter school under this section may not exceed   the total amount of state and local revenue, including maintenance   and operations revenue and revenue for debt service, per student in   weighted average daily attendance of the school district within   whose boundaries the charter holder's campus with the greatest   enrollment is located. If a charter holder's funding would exceed   that amount, the amount of funding to which the charter holder would   otherwise be entitled under this section shall be reduced to comply   with the maximum amount of funding described by this subsection.          SECTION 2.  This Act takes effect September 1, 2021.