88R6859 MEW-D
By: Plesa H.B. No. 2378
A BILL TO BE ENTITLED
AN ACT
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.