Bill Text: TX HB2378 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to an early agreement credit for the purchase of attendance credit under the public school finance system.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2023-03-09 - Referred to Public Education [HB2378 Detail]
Download: Texas-2023-HB2378-Introduced.html
88R6859 MEW-D | ||
By: Plesa | H.B. No. 2378 |
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relating to an early agreement credit for the purchase of | ||
attendance credit under the public school finance system. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter D, Chapter 49, Education Code, is | ||
amended by adding Section 49.1541 to read as follows: | ||
Sec. 49.1541. EARLY AGREEMENT CREDIT. (a) The total amount | ||
required under Section 49.153 for a school district to purchase | ||
attendance credit under this subchapter for any school year is | ||
reduced by four percent if the district submits a signed agreement | ||
to the commissioner to pay the total amount required to be paid by | ||
the district not later than September 1 of the school year for which | ||
the agreement is in effect. | ||
(b) A reduction under Subsection (a) shall be made after | ||
making any reduction to which the district is entitled under | ||
Section 49.157 or another provision of this chapter. | ||
SECTION 2. This Act takes effect September 1, 2023. |