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1 | 1 | 86R2804 MEW-D | |
2 | 2 | By: Landgraf H.B. No. 708 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to the payment by a school district for the purchase of | |
8 | 8 | attendance credits under the public school finance system. | |
9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
10 | 10 | SECTION 1. Section 41.094, Education Code, is amended by | |
11 | 11 | amending Subsection (a) and adding Subsection (a-1) to read as | |
12 | 12 | follows: | |
13 | 13 | (a) A school district shall pay for credits purchased: | |
14 | 14 | (1) in equal monthly payments as determined by the | |
15 | 15 | commissioner beginning February 15 and ending August 15 of the | |
16 | 16 | school year for which the agreement is in effect; or | |
17 | 17 | (2) in one payment for the total amount required to be | |
18 | 18 | paid by the district not later than August 15 of the school year for | |
19 | 19 | which the agreement is in effect. | |
20 | 20 | (a-1) If a school district elects to pay for credits | |
21 | 21 | purchased in the manner provided by Subsection (a)(2), the district | |
22 | 22 | must notify the commissioner not later than February 15 of the | |
23 | 23 | school year for which the agreement is in effect. | |
24 | 24 | SECTION 2. This Act takes effect September 1, 2019. |