85R427 MEW-D
By: King of Hemphill H.B. No. 481
A BILL TO BE ENTITLED
AN ACT
relating to the recovery of overallocated state funds by the Texas
Education Agency.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 42.258, Education Code, is amended by
adding Subsection (a-2) to read as follows:
(a-2) Notwithstanding any other provision of this section,
the agency may not recover an overallocation of state funds if:
(1) the overallocation occurred more than seven years
before the date the overallocation is discovered; and
(2) the overallocation occurred as a result of
statutory changes to this title and related requirements.
SECTION 2. Section 42.258(a-2), Education Code, as added by
this Act, applies to each overallocation of state funds discovered
on or after the effective date of this Act, regardless of the date
on which the overallocation of state funds occurred.
SECTION 3. This Act takes effect September 1, 2017.