Bill Text: TX HB2394 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to a credit for prepayment of the amount required to be paid by a school district for the purchase of attendance credit under the public school finance system.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-03-09 - Referred to Public Education [HB2394 Detail]
Download: Texas-2023-HB2394-Introduced.html
| By: Guillen | H.B. No. 2394 | |
|
|
||
|
|
||
| relating to a credit for prepayment of the amount required to be | ||
| paid by a school district 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. CREDIT FOR PREPAYMENT. (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 1.5 percent per month for payments made for each month | ||
| before the total amount is required to be paid on August 15; and | ||
| (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 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, 2023. | ||
