Sec. 48.2642. ADJUSTMENTS FOR TEXAS FIRST EARLY HIGH SCHOOL COMPLETION PROGRAM GRADUATES. (a) Notwithstanding any other provision of this chapter, the commissioner shall count toward a school district's or open-enrollment charter school's average daily attendance under Section 48.005 each student who graduates early from high school in the district or school under the Texas First Early High School Completion Program established under Section 28.0253 for the period in which the student is enrolled at an eligible institution using state credit awarded under the Texas First Scholarship Program established under Subchapter K-1, Chapter 56, based on a 100 percent attendance rate.
(b) As soon as practicable after receipt of the report under Section 56.226, the commissioner shall reduce the amount of a school district's or open-enrollment charter school's entitlement under this chapter for the school year by an amount equal to the total amount of state credit issued during the preceding school year to the district's or school's high school graduates under the Texas First Scholarship Program established under Subchapter K-1, Chapter 56.
Added by Acts 2021, 87th Leg., R.S., Ch. 962 (S.B. 1888), Sec. 2, eff. June 18, 2021.
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