89R11436 ANG-F     By: Dutton H.B. No. 2782       A BILL TO BE ENTITLED   AN ACT   relating to instructional facilities funding for certain   open-enrollment charter schools.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 12.106(d), Education Code, is amended to   read as follows:          (d)  Subject to Subsection (e), in addition to other amounts   provided by this section, a charter holder is entitled to receive,   for the open-enrollment charter school, funding per student in   average daily attendance in an amount equal to the guaranteed level   of state and local funds per student per cent of tax effort under   Section 46.032(a) multiplied by [the lesser of:                [(1)]  the state average interest and sinking fund tax   rate imposed by school districts for the current year[; or                [(2)  a rate that would result in a total amount to   which charter schools are entitled under this subsection for the   current year equal to $60 million].          SECTION 2.  This Act takes effect September 1, 2025.