Sec. 48.254. ADDITIONAL STATE AID FOR AD VALOREM TAX CREDITS UNDER TEXAS ECONOMIC DEVELOPMENT ACT. For each school year, a school district, including a school district that is otherwise ineligible for state aid under this chapter, is entitled to state aid in an amount equal to the amount of all tax credits credited against ad valorem taxes of the district in that year under former Subchapter D, Chapter 313, Tax Code.
Added by Acts 2001, 77th Leg., ch. 1505, Sec. 6, eff. Jan. 1, 2002.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 1304 (H.B. 3390), Sec. 20, eff. January 1, 2014.
Transferred, redesignated and amended from Education Code, Section 42.2515 by Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3), Sec. 1.040, eff. September 1, 2019.
Structure Texas Statutes
Subtitle I - School Finance and Fiscal Management
Chapter 48 - Foundation School Program
Subchapter F. Financing the Program
Section 48.251. Financing; General Rule
Section 48.252. School District Entitlement for Certain Students
Section 48.253. Additional State Aid for Tax Increment Financing Payments
Section 48.254. Additional State Aid for Ad Valorem Tax Credits Under Texas Economic Development Act
Section 48.2541. Additional State Aid for Certain Ad Valorem Tax Refunds
Section 48.2543. Additional State Aid for Homestead Exemption
Section 48.255. State Compression Percentage
Section 48.2551. Maximum Compressed Tax Rate
Section 48.2552. Limitation on Maximum Compressed Rate
Section 48.2553. Permitted Tax Rate for Maintenance of 2020-2021 School Year Basic Allotment
Section 48.256. Local Share of Program Cost (Tier One)
Section 48.257. Local Revenue Level in Excess of Entitlement
Section 48.258. Adjustment for Rapid Decline in Taxable Value of Property
Section 48.259. Adjustment for Optional Homestead Exemption
Section 48.260. Adjustment for Property Value Affected by State of Disaster
Section 48.261. Reimbursement for Disaster Remediation Costs
Section 48.2611. One-Time Reimbursement for Winter Storm Uri
Section 48.262. Adjustments for Certain Districts Receiving Federal Impact Aid
Section 48.263. Adjustment for District Operating Pilot Program
Section 48.264. Adjustment for Certain Districts With Early High School Graduation Programs
Section 48.2642. Adjustments for Texas First Early High School Completion Program Graduates
Section 48.265. Excess Funds for Video Surveillance of Special Education Settings
Section 48.266. Distribution of Foundation School Fund
Section 48.267. Adjustment by Commissioner
Section 48.269. Estimates Required
Section 48.270. Falsification of Records; Report
Section 48.271. Effect of Appraisal Appeal
Section 48.272. Recovery of Overallocated Funds
Section 48.2721. Recovery of Funds From Excessive Taxation
Section 48.273. Foundation School Fund Transfers
Section 48.274. Foundation School Fund Transfers to Certain Charter Schools
Section 48.275. Use of Certain Funds
Section 48.277. Formula Transition Grant
Section 48.278. Equalized Wealth Transition Grant
Section 48.279. Maintenance of State Financial Support for Special Education
Section 48.281. Maintenance of Effort and Equity for Federal Money Related to Covid-19 Pandemic