Texas § ED.48.284 - ADDITIONAL STATE AID FOR REGIONAL INSURANCE COST DIFFERENTIALS

§ ED.48.284. ADDITIONAL STATE AID FOR REGIONAL INSURANCE COST DIFFERENTIALS

ADDITIONAL STATE AID FOR REGIONAL INSURANCE COST DIFFERENTIALS. (a) In this section, "catastrophe area" and "first tier coastal county" have the meanings assigned by Section 2210.003 , Insurance Code. (b) This section applies to a school district or open-enrollment charter school that has the following property located in a first tier coastal county or an area designated in 2024 as a catastrophe area: (1) the central administrative office of the district or school; and (2) a majority of campuses of the district or school. (c) A school district or open-enrollment charter school to which this section applies is entitled to additional state aid for each student in adjusted average daily attendance in an amount equal to 80 percent of the difference between, for the 2023-2024 school year, or a different school year specified by appropriation: (1) the total amount paid for property and casualty insurance by districts and schools in the county or catastrophe area described by Subsection (b) in which the district's or school's property is located divided by the total number of students in average daily attendance for all districts and schools in the county or catastrophe area; and (2) the total amount paid for property and casualty insurance by districts and schools in the state divided by the total number of students in average daily attendance in the state. (d) For purposes of Subsection (c), the average daily attendance of a school district that qualifies for, or an open-enrollment charter school that if the school were a school district would qualify for, an allotment under Section 48.101 is the district's or school's average daily attendance multiplied by the sum of one and: (1) for a school district, the district's annual allotment per student in average daily attendance under that section divided by the basic allotment; or (2) for an open-enrollment charter school, the school's allotment determined per student in average daily attendance under Section 12.106 (a-2) divided by the basic allotment. Added by Acts 2025, 89th Leg., R.S., Ch. 1065 (H.B. 2 ), Sec. 7.21, eff. September 1, 2025. For expiration of this section, see Subsection (b).