Bill Text: TX HB83 | 2023 | 88th Legislature 4th Special Session | Introduced

Texas House Bill 83 (Prior Session Legislation)

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 2-0)

Status: (Introduced - Dead) 2023-11-08 - Filed [HB83 Detail]

Download: Texas-2023-HB83-Introduced.html

	88S40032 MEW-D

	By: Meyer	H.B. No. 83



	A BILL TO BE ENTITLED
	AN ACT
	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 four percent if the district:
	(1) elects to pay for credit purchased in the manner
	provided by Section 49.154(a)(2); and
	(2) pays the total amount required to be paid by the
	district not later than February 15 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 on the 91st day after the
	last day of the legislative session.