The bill gives a school district that buys attendance credit under the state school finance system (the recapture payments) a four percent cut in the amount it owes. To get the cut, the district must sign an agreement with the education commissioner by September 1 of that school year to pay the full amount owed. The discount is figured after any other reductions the district already gets, and it takes effect September 1, 2025.
Labels
Labels: ZOMBIE BILL. Died 2 times: 88R HB 2378 (Died in committee) and this bill (Died in committee). Checked against 88R only.BACK FROM THE DEAD. Same text as a bill filed before that died: 88R HB 2378 (Died in committee). Filed in 2 sessions, counting this one. Checked against 88R only.TRY NO. 2. Filed in 2 sessions: 88R and 89R. Checked against 88R only.NEVER GOT A HEARING. Filed Nov 12, 2024 and referred to the House Public Education committee. No public hearing. The bill died.
relating to an early agreement credit for the purchase of
attendance credit under the public school finance system.
WHAT IT DOES
Sign by September 1, pay four percent less.
The bill gives a school district that buys attendance credit under the state school finance system (the recapture payments) a four percent cut in the amount it owes. To get the cut, the district must sign an agreement with the education commissioner by September 1 of that school year to pay the full amount owed. The discount is figured after any other reductions the district already gets, and it takes effect September 1, 2025.
89R5964 MEW-D
By: Plesa
H.B. No. 445
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, 2025.