Texas Statutes
Title 2 - Public Education
Subtitle I - School Finance and Fiscal Management

Chapter 43 - Permanent School Fund and Available School Fund

Section 43.001. Composition of Permanent School Fund and Available School Fund - Sec. 43.001. COMPOSITION OF PERMANENT SCHOOL FUND AND AVAILABLE SCHOOL...

Section 43.002. Transfers From Permanent School Fund and General Revenue Fund to Available School Fund - Sec. 43.002. TRANSFERS FROM PERMANENT SCHOOL FUND AND GENERAL REVENUE...

Section 43.003. Investment of Permanent School Fund - Sec. 43.003. INVESTMENT OF PERMANENT SCHOOL FUND. The State Board...

Section 43.0031. Permanent School Fund Ethics Policy - Sec. 43.0031. PERMANENT SCHOOL FUND ETHICS POLICY. (a) In addition...

Section 43.0032. Conflicts of Interest - Sec. 43.0032. CONFLICTS OF INTEREST. (a) A member of the...

Section 43.0033. Reports of Expenditures - Sec. 43.0033. REPORTS OF EXPENDITURES. A consultant, advisor, broker, or...

Section 43.0034. Forms; Public Information - Sec. 43.0034. FORMS; PUBLIC INFORMATION. (a) The board shall prescribe...

Section 43.004. Written Investment Objectives; Performance Evaluation - Sec. 43.004. WRITTEN INVESTMENT OBJECTIVES; PERFORMANCE EVALUATION. (a) The State...

Section 43.005. External Investment Managers - Sec. 43.005. EXTERNAL INVESTMENT MANAGERS. (a) The State Board of...

Section 43.0051. Transfers to Real Estate Special Fund Account of the Permanent School Fund - Sec. 43.0051. TRANSFERS TO REAL ESTATE SPECIAL FUND ACCOUNT OF...

Section 43.0052. Quarterly Reports - Text of section effective until December 31, 2022 Sec. 43.0052....

Section 43.006. Investment Management - Sec. 43.006. INVESTMENT MANAGEMENT. (a) The State Board of Education...

Section 43.007. Purchase and Sale or Exchange of Securities - Sec. 43.007. PURCHASE AND SALE OR EXCHANGE OF SECURITIES. (a)...

Section 43.009. Prepayment of Certain Bonds Held by the Permanent School Fund - Sec. 43.009. PREPAYMENT OF CERTAIN BONDS HELD BY THE PERMANENT...

Section 43.010. Default of School District Securities Held by the Permanent School Fund - Sec. 43.010. DEFAULT OF SCHOOL DISTRICT SECURITIES HELD BY THE...

Section 43.011. Authorized Refunding of Defaulted School Bonds - Sec. 43.011. AUTHORIZED REFUNDING OF DEFAULTED SCHOOL BONDS. (a) In...

Section 43.012. Refunding Other Defaulted Obligations - Sec. 43.012. REFUNDING OTHER DEFAULTED OBLIGATIONS. (a) Defaulted obligations, other...

Section 43.013. Jurisdiction - Sec. 43.013. JURISDICTION. The district courts of Travis County have...

Section 43.014. Duties of Comptroller - Sec. 43.014. DUTIES OF COMPTROLLER. (a) On or before July...

Section 43.015. Duties of Comptroller - Sec. 43.015. DUTIES OF COMPTROLLER. (a) Not later than the...

Section 43.016. Use of Available School Fund - Sec. 43.016. USE OF AVAILABLE SCHOOL FUND. All available school...

Section 43.017. Use of Commercial Banks as Agents for Collection of Income From Permanent School Fund Investments - Sec. 43.017. USE OF COMMERCIAL BANKS AS AGENTS FOR COLLECTION...

Section 43.018. Participation in Fully Secured Securities Loan Programs - Sec. 43.018. PARTICIPATION IN FULLY SECURED SECURITIES LOAN PROGRAMS. (a)...

Section 43.019. Accounting Treatment of Certain Exchanges - Sec. 43.019. ACCOUNTING TREATMENT OF CERTAIN EXCHANGES. The State Board...

Section 43.020. Treatment of Accrued Income - Sec. 43.020. TREATMENT OF ACCRUED INCOME. All interest and dividends...

Subchapter B. Texas Permanent School Fund Corporation

Section 43.051. Definitions - Sec. 43.051. DEFINITIONS. In this subchapter: (1) "Board of directors"...

Section 43.052. Creation of Corporation - Sec. 43.052. CREATION OF CORPORATION. (a) The State Board of...

Section 43.053. Board of Directors; Meetings - Sec. 43.053. BOARD OF DIRECTORS; MEETINGS. (a) The board of...

Section 43.054. Chief Executive Officer - Sec. 43.054. CHIEF EXECUTIVE OFFICER. (a) The corporation shall employ...

Section 43.055. Employees - Sec. 43.055. EMPLOYEES. (a) The chief executive officer is responsible...

Section 43.056. Sovereign Immunity - Sec. 43.056. SOVEREIGN IMMUNITY. (a) The corporation, the board of...

Section 43.057. Liability Insurance for Board Members and Employees - Sec. 43.057. LIABILITY INSURANCE FOR BOARD MEMBERS AND EMPLOYEES. (a)...

Section 43.058. Ethics Policy; Conflicts of Interest - Sec. 43.058. ETHICS POLICY; CONFLICTS OF INTEREST. (a) The board...

Section 43.059. Applicability of Certain Laws - Sec. 43.059. APPLICABILITY OF CERTAIN LAWS. (a) Except as otherwise...

Section 43.060. Exception to Open Meeting Requirements for Certain Consultations Concerning Investments - Sec. 43.060. EXCEPTION TO OPEN MEETING REQUIREMENTS FOR CERTAIN CONSULTATIONS...

Section 43.061. Record Retention - Sec. 43.061. RECORD RETENTION. (a) Subchapter L, Chapter 441, Government...

Section 43.062. Information Technology and Associated Resources - Sec. 43.062. INFORMATION TECHNOLOGY AND ASSOCIATED RESOURCES. (a) Chapters 2054...

Section 43.063. General Powers and Duties of Corporation - Sec. 43.063. GENERAL POWERS AND DUTIES OF CORPORATION. (a) The...

Section 43.064. Contracting for Facilities and Necessary Support - Sec. 43.064. CONTRACTING FOR FACILITIES AND NECESSARY SUPPORT. The corporation...

Section 43.065. Written Investment Objectives; Performance Evaluation - Sec. 43.065. WRITTEN INVESTMENT OBJECTIVES; PERFORMANCE EVALUATION. In accordance with...

Section 43.066. Distributions by Corporation From Permanent School Fund to Available School Fund - Sec. 43.066. DISTRIBUTIONS BY CORPORATION FROM PERMANENT SCHOOL FUND TO...

Section 43.067. Bond Guarantee Program - Sec. 43.067. BOND GUARANTEE PROGRAM. The corporation, the State Board...

Section 43.068. Annual Audit - Sec. 43.068. ANNUAL AUDIT. (a) Not less than once each...

Section 43.069. Annual Investment Report - Sec. 43.069. ANNUAL INVESTMENT REPORT. The corporation shall annually submit...

Section 43.070. Report on Anticipated Transfer to Available School Fund - Sec. 43.070. REPORT ON ANTICIPATED TRANSFER TO AVAILABLE SCHOOL FUND....

Section 43.071. Gifts, Grants, and Donations - Sec. 43.071. GIFTS, GRANTS, AND DONATIONS. The corporation may accept,...

Chapter 44 - Fiscal Management

Subchapter A. School District Fiscal Management

Section 44.001. Fiscal Guidelines - Sec. 44.001. FISCAL GUIDELINES. (a) The commissioner shall establish advisory...

Section 44.0011. Fiscal Year - Sec. 44.0011. FISCAL YEAR. The fiscal year of a school...

Section 44.002. Preparation of Budget - Sec. 44.002. PREPARATION OF BUDGET. (a) On or before a...

Section 44.003. Records and Reports - Sec. 44.003. RECORDS AND REPORTS. The superintendent shall ensure that...

Section 44.004. Notice of Budget and Tax Rate Meeting; Budget Adoption - Sec. 44.004. NOTICE OF BUDGET AND TAX RATE MEETING; BUDGET...

Section 44.0041. Publication of Summary of Proposed Budget - Sec. 44.0041. PUBLICATION OF SUMMARY OF PROPOSED BUDGET. (a) Concurrently...

Section 44.005. Filing of Adopted Budget - Sec. 44.005. FILING OF ADOPTED BUDGET. On or before a...

Section 44.0051. Posting of Adopted Budget - Sec. 44.0051. POSTING OF ADOPTED BUDGET. (a) On final approval...

Section 44.006. Effect of Adopted Budget; Amendments - Sec. 44.006. EFFECT OF ADOPTED BUDGET; AMENDMENTS. (a) Public funds...

Section 44.007. Accounting System; Report - Sec. 44.007. ACCOUNTING SYSTEM; REPORT. (a) A standard school fiscal...

Section 44.0071. Computation of Instructional Expenditures Ratio and Instructional Employees Ratio - Sec. 44.0071. COMPUTATION OF INSTRUCTIONAL EXPENDITURES RATIO AND INSTRUCTIONAL EMPLOYEES...

Section 44.008. Annual Audit; Report - Sec. 44.008. ANNUAL AUDIT; REPORT. (a) The board of school...

Section 44.009. Financial Reports to Commissioner or Agency; Forms - Sec. 44.009. FINANCIAL REPORTS TO COMMISSIONER OR AGENCY; FORMS. (a)...

Section 44.010. Review by Agency - Sec. 44.010. REVIEW BY AGENCY. The budgets, fiscal reports, and...

Section 44.011. Financial Exigency - Sec. 44.011. FINANCIAL EXIGENCY. (a) The board of trustees of...

Subchapter B. Purchases; Contracts

Section 44.031. Purchasing Contracts - Sec. 44.031. PURCHASING CONTRACTS. (a) Except as provided by this...

Section 44.0311. Applicability to Junior College Districts - Sec. 44.0311. APPLICABILITY TO JUNIOR COLLEGE DISTRICTS. (a) Except as...

Section 44.0312. Delegation - Sec. 44.0312. DELEGATION. (a) The board of trustees of the...

Section 44.0313. Procedures for Electronic Bids or Proposals - Sec. 44.0313. PROCEDURES FOR ELECTRONIC BIDS OR PROPOSALS. (a) A...

Section 44.032. Enforcement of Purchase Procedures: Criminal Penalties; Removal; Ineligibility - Sec. 44.032. ENFORCEMENT OF PURCHASE PROCEDURES: CRIMINAL PENALTIES; REMOVAL; INELIGIBILITY....

Section 44.0331. Management Fees Under Certain Cooperative Purchasing Contracts - Sec. 44.0331. MANAGEMENT FEES UNDER CERTAIN COOPERATIVE PURCHASING CONTRACTS. (a)...

Section 44.034. Notification of Criminal History of Contractor - Sec. 44.034. NOTIFICATION OF CRIMINAL HISTORY OF CONTRACTOR. (a) A...

Section 44.035. Adoption of Uniform General Conditions for School District Building Construction Contracts - Sec. 44.035. ADOPTION OF UNIFORM GENERAL CONDITIONS FOR SCHOOL DISTRICT...

Section 44.0351. Competitive Bidding - Sec. 44.0351. COMPETITIVE BIDDING. (a) Except to the extent prohibited...

Section 44.0352. Competitive Sealed Proposals - Sec. 44.0352. COMPETITIVE SEALED PROPOSALS. (a) In selecting a vendor...

Section 44.0411. Change Orders - Sec. 44.0411. CHANGE ORDERS. (a) If a change in plans...

Section 44.042. Preference to Texas and United States Products - Sec. 44.042. PREFERENCE TO TEXAS AND UNITED STATES PRODUCTS. (a)...

Section 44.043. Right to Work - Sec. 44.043. RIGHT TO WORK. (a) This section applies to...

Section 44.044. Contract With Person Indebted to School District - Sec. 44.044. CONTRACT WITH PERSON INDEBTED TO SCHOOL DISTRICT. (a)...

Section 44.047. Purchase or Lease of Automated External Defibrillator - Sec. 44.047. PURCHASE OR LEASE OF AUTOMATED EXTERNAL DEFIBRILLATOR. (a)...

Subchapter C. Penal Provisions

Section 44.051. Interference With Operation of Foundation School Program - Sec. 44.051. INTERFERENCE WITH OPERATION OF FOUNDATION SCHOOL PROGRAM. An...

Section 44.053. Failure of Municipal Officer to Make Treasurer's Report; Penalty - Sec. 44.053. FAILURE OF MUNICIPAL OFFICER TO MAKE TREASURER'S REPORT;...

Section 44.054. Failure to Transfer Students and Funds - Sec. 44.054. FAILURE TO TRANSFER STUDENTS AND FUNDS. A county...

Subchapter E. Litigation Involving School District Facility

Section 44.151. Actions Brought for Defective Design, Construction, Renovation, or Improvement of School District Facility - Sec. 44.151. ACTIONS BROUGHT FOR DEFECTIVE DESIGN, CONSTRUCTION, RENOVATION, OR...

Section 44.152. Attorney General Enforcement of School District Duties Following Certain Actions; Report - Sec. 44.152. ATTORNEY GENERAL ENFORCEMENT OF SCHOOL DISTRICT DUTIES FOLLOWING...

Subchapter Z. Miscellaneous Provisions

Section 44.901. Energy Savings Performance Contracts - Sec. 44.901. ENERGY SAVINGS PERFORMANCE CONTRACTS. (a) In this section,...

Section 44.902. Long-Range Energy Plan to Reduce Consumption of Electric Energy - Sec. 44.902. LONG-RANGE ENERGY PLAN TO REDUCE CONSUMPTION OF ELECTRIC...

Section 44.904. Pay for Success Programs - Sec. 44.904. PAY FOR SUCCESS PROGRAMS. (a) In this section,...

Section 44.908. Expenditure of Local Funds - Sec. 44.908. EXPENDITURE OF LOCAL FUNDS. (a) A school district...

Chapter 45 - School District Funds

Subchapter A. Tax Bonds and Maintenance Taxes

Section 45.001. Bonds and Bond Taxes - Sec. 45.001. BONDS AND BOND TAXES. (a) The governing board...

Section 45.0011. Credit Agreements in Certain School Districts - Sec. 45.0011. CREDIT AGREEMENTS IN CERTAIN SCHOOL DISTRICTS. (a) This...

Section 45.002. Maintenance Taxes - Sec. 45.002. MAINTENANCE TAXES. The governing board of an independent...

Section 45.0021. Restriction on Maintenance Tax Levy - Sec. 45.0021. RESTRICTION ON MAINTENANCE TAX LEVY. (a) A school...

Section 45.003. Bond and Tax Elections - Sec. 45.003. BOND AND TAX ELECTIONS. (a) Bonds described by...

Section 45.0031. Limitation on Issuance of Tax-Supported Bonds - Sec. 45.0031. LIMITATION ON ISSUANCE OF TAX-SUPPORTED BONDS. (a) Before...

Section 45.0032. Components of Maintenance and Operations Tax - Sec. 45.0032. COMPONENTS OF MAINTENANCE AND OPERATIONS TAX. (a) A...

Section 45.004. Refunding Bonds - Sec. 45.004. REFUNDING BONDS. (a) In this section: (1) "Bond"...

Section 45.005. Examination of Bonds by Attorney General - Sec. 45.005. EXAMINATION OF BONDS BY ATTORNEY GENERAL. All bonds...

Section 45.006. Maintenance Tax Required for Judgment Ordering Ad Valorem Tax Refund; Bonds - Sec. 45.006. MAINTENANCE TAX REQUIRED FOR JUDGMENT ORDERING AD VALOREM...

Subchapter B. Revenue Bonds

Section 45.031. Gymnasia, Stadia, and Other Recreational Facilities - Sec. 45.031. GYMNASIA, STADIA, AND OTHER RECREATIONAL FACILITIES. The governing...

Section 45.032. Revenue Bonds - Sec. 45.032. REVENUE BONDS. To provide funds to acquire, construct,...

Section 45.033. Rentals, Rates, and Charges - Sec. 45.033. RENTALS, RATES, AND CHARGES. The board, city council...

Section 45.034. Pledge of Revenues - Sec. 45.034. PLEDGE OF REVENUES. The board, city council or...

Section 45.035. Refunding Bonds - Sec. 45.035. REFUNDING BONDS. Revenue bonds issued by a board,...

Section 45.036. Examination of Bonds by Attorney General - Sec. 45.036. EXAMINATION OF BONDS BY ATTORNEY GENERAL. All bonds...

Subchapter C. Guaranteed Bonds

Section 45.051. Definitions - Sec. 45.051. DEFINITIONS. In this subchapter: (1) "Board" means the...

Section 45.052. Guarantee - Sec. 45.052. GUARANTEE. (a) On approval by the commissioner, bonds...

Section 45.053. Limitation; Value Estimates - Sec. 45.053. LIMITATION; VALUE ESTIMATES. (a) Except as provided by...

Section 45.0531. Additional Limitation: Reservation of Percentage of Permanent School Fund Value - Sec. 45.0531. ADDITIONAL LIMITATION: RESERVATION OF PERCENTAGE OF PERMANENT SCHOOL...

Section 45.0532. Limitation on Guarantee of Charter District Bonds - Sec. 45.0532. LIMITATION ON GUARANTEE OF CHARTER DISTRICT BONDS. (a)...

Section 45.0533. Communication With Nationally Recognized Investment Rating Firm - Sec. 45.0533. COMMUNICATION WITH NATIONALLY RECOGNIZED INVESTMENT RATING FIRM. Information...

Section 45.054. Eligibility of School District Bonds - Sec. 45.054. ELIGIBILITY OF SCHOOL DISTRICT BONDS. To be eligible...

Section 45.0541. Eligibility of Charter District Bonds - Sec. 45.0541. ELIGIBILITY OF CHARTER DISTRICT BONDS. To be eligible...

Section 45.055. Application for Guarantee - Sec. 45.055. APPLICATION FOR GUARANTEE. (a) A school district or...

Section 45.056. Investigation - Sec. 45.056. INVESTIGATION. (a) Following receipt of an application for...

Section 45.057. Guarantee Endorsement - Sec. 45.057. GUARANTEE ENDORSEMENT. (a) The commissioner shall endorse bonds...

Section 45.0571. Charter District Bond Guarantee Reserve Fund - Sec. 45.0571. CHARTER DISTRICT BOND GUARANTEE RESERVE FUND. (a) The...

Section 45.058. Notice of Default - Sec. 45.058. NOTICE OF DEFAULT. Immediately following a determination that...

Section 45.059. Payment of School District Bond on Default - Sec. 45.059. PAYMENT OF SCHOOL DISTRICT BOND ON DEFAULT. (a)...

Section 45.0591. Payment of Charter District Bond on Default - Sec. 45.0591. PAYMENT OF CHARTER DISTRICT BOND ON DEFAULT. (a)...

Section 45.060. Bonds Not Accelerated on Default - Sec. 45.060. BONDS NOT ACCELERATED ON DEFAULT. If a school...

Section 45.061. Reimbursement of Funds - Sec. 45.061. REIMBURSEMENT OF FUNDS. (a) If the commissioner orders...

Section 45.062. Repeated Defaults - Sec. 45.062. REPEATED DEFAULTS. (a) If a total of two...

Section 45.063. Rules - Sec. 45.063. RULES. The board may adopt rules necessary for...

Subchapter D. Sale of Surplus Real Property; Revenue Bonds

Section 45.081. Definitions - Sec. 45.081. DEFINITIONS. In this subchapter: (a) "District" means an...

Section 45.082. Sale of Property; Revenue Bonds - Sec. 45.082. SALE OF PROPERTY; REVENUE BONDS. (a) The board...

Section 45.083. Other Laws Not Applicable - Sec. 45.083. OTHER LAWS NOT APPLICABLE. Section 272.001, Local Government...

Section 45.084. Contracts - Sec. 45.084. CONTRACTS. The district may execute contracts for constructing...

Section 45.085. Bond Requirements - Sec. 45.085. BOND REQUIREMENTS. (a) In addition to the powers...

Section 45.086. Liberal Construction - Sec. 45.086. LIBERAL CONSTRUCTION. This subchapter shall be construed liberally...

Section 45.087. Other Powers Unrestricted - Sec. 45.087. OTHER POWERS UNRESTRICTED. This subchapter does not restrict...

Subchapter E. Miscellaneous Provisions

Section 45.101. Use of Bond Proceeds for Utility Connections - Sec. 45.101. USE OF BOND PROCEEDS FOR UTILITY CONNECTIONS. The...

Section 45.102. Investment of Bond Proceeds in Obligations of United States or Interest-Bearing Secured Time Bank Deposits - Sec. 45.102. INVESTMENT OF BOND PROCEEDS IN OBLIGATIONS OF UNITED...

Section 45.103. Interest-Bearing Time Warrants - Sec. 45.103. INTEREST-BEARING TIME WARRANTS. (a) Any school district in...

Section 45.104. Pledge of Delinquent Taxes as Security for Loan - Sec. 45.104. PLEDGE OF DELINQUENT TAXES AS SECURITY FOR LOAN....

Section 45.105. Authorized Expenditures - Sec. 45.105. AUTHORIZED EXPENDITURES. (a) The public school funds may...

Section 45.106. Use of County Available Fund Apportionment for Area Schools Career and Technology Education - Sec. 45.106. USE OF COUNTY AVAILABLE FUND APPORTIONMENT FOR AREA...

Section 45.107. Investment of Gifts, Devises, and Bequests - Sec. 45.107. INVESTMENT OF GIFTS, DEVISES, AND BEQUESTS. A gift,...

Section 45.108. Borrowing Money for Current Maintenance Expenses - Sec. 45.108. BORROWING MONEY FOR CURRENT MAINTENANCE EXPENSES. (a) Independent...

Section 45.109. Contracts for Athletic Facilities - Sec. 45.109. CONTRACTS FOR ATHLETIC FACILITIES. (a) Any independent school...

Section 45.110. Authorized but Unissued Bonds - Sec. 45.110. AUTHORIZED BUT UNISSUED BONDS. (a) This section applies...

Section 45.1105. Use of Unspent General Obligation Bond Proceeds - Sec. 45.1105. USE OF UNSPENT GENERAL OBLIGATION BOND PROCEEDS. (a)...

Section 45.111. Certificates of Indebtedness; Issuance by Certain School and Junior College Districts - Sec. 45.111. CERTIFICATES OF INDEBTEDNESS; ISSUANCE BY CERTAIN SCHOOL AND...

Section 45.112. Contracts for Investment of Debt Service Funds - Sec. 45.112. CONTRACTS FOR INVESTMENT OF DEBT SERVICE FUNDS. (a)...

Section 45.113. Trust for County Permanent School Fund - Sec. 45.113. TRUST FOR COUNTY PERMANENT SCHOOL FUND. (a) Notwithstanding...

Subchapter F. Athletic Stadium Authorities

Section 45.151. Definitions - Sec. 45.151. DEFINITIONS. In this subchapter: (1) "District" means any...

Section 45.152. Creation of Authority - Sec. 45.152. CREATION OF AUTHORITY. (a) If the boards of...

Section 45.153. Board of Directors - Sec. 45.153. BOARD OF DIRECTORS. (a) An authority is governed...

Section 45.154. Construction, Acquisition, and Operation of Stadium - Sec. 45.154. CONSTRUCTION, ACQUISITION, AND OPERATION OF STADIUM. An authority...

Section 45.155. Bonds - Sec. 45.155. BONDS. (a) An authority may issue revenue bonds...

Section 45.156. Contracts With School Districts - Sec. 45.156. CONTRACTS WITH SCHOOL DISTRICTS. (a) Any district, acting...

Section 45.157. Examination of Bonds by Attorney General - Sec. 45.157. EXAMINATION OF BONDS BY ATTORNEY GENERAL. Bonds issued...

Section 45.158. Charges for Use of Stadium - Sec. 45.158. CHARGES FOR USE OF STADIUM. (a) The board...

Section 45.159. Depository - Sec. 45.159. DEPOSITORY. An authority may select a depository according...

Section 45.160. Tax Exemption - Sec. 45.160. TAX EXEMPTION. Recognizing the fact that the property...

Section 45.161. Eminent Domain - Sec. 45.161. EMINENT DOMAIN. For the purpose of carrying out...

Section 45.162. Investment of Bond Proceeds - Sec. 45.162. INVESTMENT OF BOND PROCEEDS. In addition to other...

Section 45.163. Acceptance of Gifts - Sec. 45.163. ACCEPTANCE OF GIFTS. The board of directors may...

Subchapter G. School District Depositories

Section 45.201. Definitions - Sec. 45.201. DEFINITIONS. In this subchapter: (1) "School district" means...

Section 45.202. Selection of Depository - Sec. 45.202. SELECTION OF DEPOSITORY. The school depository or depositories...

Section 45.203. Depository Must Be a Bank - Sec. 45.203. DEPOSITORY MUST BE A BANK. A school depository...

Section 45.204. Conflict of Interest - Sec. 45.204. CONFLICT OF INTEREST. (a) If a member of...

Section 45.205. Term of Contract - Sec. 45.205. TERM OF CONTRACT. (a) Except as provided by...

Section 45.206. Bid or Request for Proposal Notices; Bid and Proposal Forms - Sec. 45.206. BID OR REQUEST FOR PROPOSAL NOTICES; BID AND...

Section 45.207. Award of Contract - Sec. 45.207. AWARD OF CONTRACT. (a) A school district shall...

Section 45.208. Depository Contract; Bond - Sec. 45.208. DEPOSITORY CONTRACT; BOND. (a) The bank or banks...

Section 45.209. Investment of District Funds - Sec. 45.209. INVESTMENT OF DISTRICT FUNDS. The school district may...

Subchapter H. Assessment and Collection of Taxes

Section 45.231. Employment of Assessor and Collector - Sec. 45.231. EMPLOYMENT OF ASSESSOR AND COLLECTOR. (a) The board...

Section 45.232. Alternate Methods of Selection Under Former Law - Sec. 45.232. ALTERNATE METHODS OF SELECTION UNDER FORMER LAW. An...

Subchapter I. Intercept Program to Provide Credit Enhancement for Bonds

Section 45.251. Definitions - Sec. 45.251. DEFINITIONS. In this subchapter: (1) "Board" means the...

Section 45.252. Intercept Credit Enhancement Program - Sec. 45.252. INTERCEPT CREDIT ENHANCEMENT PROGRAM. (a) If a school...

Section 45.253. Limitation on Intercept Credit Enhancement - Sec. 45.253. LIMITATION ON INTERCEPT CREDIT ENHANCEMENT. (a) In each...

Section 45.254. Eligibility - Sec. 45.254. ELIGIBILITY. To be eligible for approval by the...

Section 45.2541. Intercept of Foundation School Program Appropriations as Credit Enhancement - Sec. 45.2541. INTERCEPT OF FOUNDATION SCHOOL PROGRAM APPROPRIATIONS AS CREDIT...

Section 45.255. Application for Credit Enhancement - Sec. 45.255. APPLICATION FOR CREDIT ENHANCEMENT. (a) A school district...

Section 45.256. Investigation - Sec. 45.256. INVESTIGATION. (a) Following receipt of an application under...

Section 45.257. Credit Enhancement Endorsement - Sec. 45.257. CREDIT ENHANCEMENT ENDORSEMENT. (a) The commissioner shall endorse...

Section 45.258. Notice of Failure or Inability to Pay - Sec. 45.258. NOTICE OF FAILURE OR INABILITY TO PAY. Immediately...

Section 45.259. Payment From Intercepted Funds - Sec. 45.259. PAYMENT FROM INTERCEPTED FUNDS. (a) Immediately following receipt...

Section 45.260. Bonds Not Accelerated on Failure to Pay - Sec. 45.260. BONDS NOT ACCELERATED ON FAILURE TO PAY. If...

Section 45.261. Reimbursement of Foundation School Program - Sec. 45.261. REIMBURSEMENT OF FOUNDATION SCHOOL PROGRAM. (a) If the...

Section 45.262. Repeated Failure to Pay - Sec. 45.262. REPEATED FAILURE TO PAY. (a) If a total...

Section 45.263. Rules - Sec. 45.263. RULES. (a) The commissioner shall adopt rules necessary...

Subchapter J. Open-Enrollment Charter School Facilities Credit Enhancement Program

Section 45.301. Definitions - Sec. 45.301. DEFINITIONS. In this subchapter: (1) "Charter holder" has...

Section 45.302. Establishment of Program - Sec. 45.302. ESTABLISHMENT OF PROGRAM. (a) The commissioner by rule...

Section 45.303. Limitation on Participation; Minimum Requirements for Debt Service Reserve - Sec. 45.303. LIMITATION ON PARTICIPATION; MINIMUM REQUIREMENTS FOR DEBT SERVICE...

Section 45.304. Allocation of Portion of Foundation School Program Funds for Credit Enhancement - Sec. 45.304. ALLOCATION OF PORTION OF FOUNDATION SCHOOL PROGRAM FUNDS...

Section 45.305. Private Matching Funds Required; Use of Other State Funds - Sec. 45.305. PRIVATE MATCHING FUNDS REQUIRED; USE OF OTHER STATE...

Section 45.306. Repayment; Lien - Sec. 45.306. REPAYMENT; LIEN. (a) If a charter holder on...

Section 45.307. Status of Program - Sec. 45.307. STATUS OF PROGRAM. (a) The program is separate...

Section 45.308. Rules - Sec. 45.308. RULES. If the commissioner establishes a program under...

Subchapter K. County Equalization Tax

Section 45.351. Applicability - Sec. 45.351. APPLICABILITY. This subchapter applies only to a county:...

Section 45.352. Election to Revoke County Equalization Tax - Sec. 45.352. ELECTION TO REVOKE COUNTY EQUALIZATION TAX. The commissioners...

Chapter 46 - Assistance With Instructional Facilities and Payment of Existing Debt

Subchapter A. Instructional Facilities Allotment

Section 46.001. Definition - Sec. 46.001. DEFINITION. In this subchapter, "instructional facility" means real...

Section 46.002. Rules - Sec. 46.002. RULES. (a) The commissioner may adopt rules for...

Section 46.003. School Facilities Allotment - Sec. 46.003. SCHOOL FACILITIES ALLOTMENT. (a) For each year, except...

Section 46.004. Lease-Purchase Agreements - Sec. 46.004. LEASE-PURCHASE AGREEMENTS. (a) A district may receive state...

Section 46.005. Limitation on Guaranteed Amount - Sec. 46.005. LIMITATION ON GUARANTEED AMOUNT. The guaranteed amount of...

Section 46.006. Shortage or Excess of Funds Appropriated for New Projects - Sec. 46.006. SHORTAGE OR EXCESS OF FUNDS APPROPRIATED FOR NEW...

Section 46.007. Refunding Bonds - Sec. 46.007. REFUNDING BONDS. A school district may use state...

Section 46.008. Standards - Sec. 46.008. STANDARDS. (a) The commissioner shall establish standards for...

Section 46.0081. Security Criteria in Design of Instructional Facilities - Sec. 46.0081. SECURITY CRITERIA IN DESIGN OF INSTRUCTIONAL FACILITIES. A...

Section 46.009. Payment of School Facilities Allotments - Sec. 46.009. PAYMENT OF SCHOOL FACILITIES ALLOTMENTS. (a) For each...

Section 46.010. Projects by More Than One District - Sec. 46.010. PROJECTS BY MORE THAN ONE DISTRICT. If two...

Section 46.011. Sale of Instructional Facility Financed With Instructional Facilities Allotment - Sec. 46.011. SALE OF INSTRUCTIONAL FACILITY FINANCED WITH INSTRUCTIONAL FACILITIES...

Section 46.012. Applicability to Open-Enrollment Charter Schools - Sec. 46.012. APPLICABILITY TO OPEN-ENROLLMENT CHARTER SCHOOLS. An open-enrollment charter...

Section 46.013. Multiple Allotments Prohibited - Sec. 46.013. MULTIPLE ALLOTMENTS PROHIBITED. A school district is not...

Subchapter B. Assistance With Payment of Existing Debt

Section 46.031. Rules - Sec. 46.031. RULES. The commissioner may adopt rules for the...

Section 46.032. Allotment - Sec. 46.032. ALLOTMENT. (a) Each school district is guaranteed a...

Section 46.033. Eligible Bonds - Sec. 46.033. ELIGIBLE BONDS. Bonds, including bonds issued under Section...

Section 46.034. Limits on Assistance - Sec. 46.034. LIMITS ON ASSISTANCE. (a) The existing debt tax...

Section 46.035. Payment of Assistance - Sec. 46.035. PAYMENT OF ASSISTANCE. Section 46.009 applies to the...

Section 46.036. Applicability to Open-Enrollment Charter Schools - Sec. 46.036. APPLICABILITY TO OPEN-ENROLLMENT CHARTER SCHOOLS. An open-enrollment charter...

Section 46.037. Multiple Allotments Prohibited - Sec. 46.037. MULTIPLE ALLOTMENTS PROHIBITED. A school district is not...

Subchapter C. Refinancing

Section 46.061. State Assistance for Refinancing - Sec. 46.061. STATE ASSISTANCE FOR REFINANCING. (a) The commissioner by...

Subchapter D. State Aid for Homestead Exemption and Limitation on Tax Increases

Section 46.071. Additional State Aid for Homestead Exemption and Limitation on Tax Increases - Sec. 46.071. ADDITIONAL STATE AID FOR HOMESTEAD EXEMPTION AND LIMITATION...

Chapter 47 - Tax Reduction and Excellence in Education Fund

Section 47.001. Definition - Sec. 47.001. DEFINITION. In this chapter, "fund" means the tax...

Section 47.002. Fund Established - Sec. 47.002. FUND ESTABLISHED. (a) The tax reduction and excellence...

Section 47.003. Uses of Fund - Sec. 47.003. USES OF FUND. Except as otherwise provided by...

Section 47.004. Deposit of Certain Money Dedicated for School District Ad Valorem Tax Rate Reduction - Sec. 47.004. DEPOSIT OF CERTAIN MONEY DEDICATED FOR SCHOOL DISTRICT...

Section 47.005. Certain Money Distributed to Available School Fund - Sec. 47.005. CERTAIN MONEY DISTRIBUTED TO AVAILABLE SCHOOL FUND. (a)...

Section 47.006. Deposit of Money Based on Certain Sales and Use Tax Collections - Sec. 47.006. DEPOSIT OF MONEY BASED ON CERTAIN SALES AND...

Chapter 48 - Foundation School Program

Subchapter A. General Provisions

Section 48.001. State Policy - Sec. 48.001. STATE POLICY. (a) It is the policy of...

Section 48.002. Purposes of Foundation School Program - Sec. 48.002. PURPOSES OF FOUNDATION SCHOOL PROGRAM. (a) The purposes...

Section 48.003. Student Eligibility - Sec. 48.003. STUDENT ELIGIBILITY. (a) A student is entitled to...

Section 48.004. Administration of the Program - Sec. 48.004. ADMINISTRATION OF THE PROGRAM. The commissioner shall adopt...

Section 48.005. Average Daily Attendance - Sec. 48.005. AVERAGE DAILY ATTENDANCE. (a) In this chapter, average...

Section 48.0051. Incentive for Additional Instructional Days - Sec. 48.0051. INCENTIVE FOR ADDITIONAL INSTRUCTIONAL DAYS. (a) Subject to...

Section 48.006. Average Daily Attendance for Districts in Disaster Area - Sec. 48.006. AVERAGE DAILY ATTENDANCE FOR DISTRICTS IN DISASTER AREA....

Section 48.007. Off-Campus Programs Approved for Purposes of Average Daily Attendance - Sec. 48.007. OFF-CAMPUS PROGRAMS APPROVED FOR PURPOSES OF AVERAGE DAILY...

Section 48.0071. Off-Campus Courses or Programs Counted for Purposes of Average Daily Attendance - Sec. 48.0071. OFF-CAMPUS COURSES OR PROGRAMS COUNTED FOR PURPOSES OF...

Section 48.008. Public Education Information Management System (Peims) - Sec. 48.008. PUBLIC EDUCATION INFORMATION MANAGEMENT SYSTEM (PEIMS). (a) Each...

Section 48.009. Required Peims Reporting - Sec. 48.009. REQUIRED PEIMS REPORTING. (a) In this section, "full-time...

Section 48.010. Determination of Funding Levels - Sec. 48.010. DETERMINATION OF FUNDING LEVELS. (a) Not later than...

Section 48.011. Commissioner Authority to Resolve Unintended Consequences From School Finance Formulas - Sec. 48.011. COMMISSIONER AUTHORITY TO RESOLVE UNINTENDED CONSEQUENCES FROM SCHOOL...

Subchapter B. Basic Entitlement

Section 48.051. Basic Allotment - Sec. 48.051. BASIC ALLOTMENT. (a) For each student in average...

Section 48.052. Sparsity Adjustment - Sec. 48.052. SPARSITY ADJUSTMENT. (a) Notwithstanding Section 48.051, a school...

Section 48.053. Allotment for Certain Special-Purpose School Districts - Sec. 48.053. ALLOTMENT FOR CERTAIN SPECIAL-PURPOSE SCHOOL DISTRICTS. (a) This...

Subchapter C. Student-Based Allotments

Section 48.101. Small and Mid-Sized District Allotment - Sec. 48.101. SMALL AND MID-SIZED DISTRICT ALLOTMENT. (a) Small and...

Section 48.102. Special Education - Sec. 48.102. SPECIAL EDUCATION. (a) For each student in average...

Section 48.103. Allotment for Student With Dyslexia or Related Disorder - Sec. 48.103. ALLOTMENT FOR STUDENT WITH DYSLEXIA OR RELATED DISORDER....

Section 48.104. Compensatory Education Allotment - Sec. 48.104. COMPENSATORY EDUCATION ALLOTMENT. (a) For each student who...

Section 48.1041. Compensatory Education Allotment Advisory Committee - Sec. 48.1041. COMPENSATORY EDUCATION ALLOTMENT ADVISORY COMMITTEE. (a) The commissioner...

Section 48.105. Bilingual Education Allotment - Sec. 48.105. BILINGUAL EDUCATION ALLOTMENT. (a) For each student in...

Section 48.106. Career and Technology Education Allotment - Sec. 48.106. CAREER AND TECHNOLOGY EDUCATION ALLOTMENT. (a) For each...

Section 48.107. Public Education Grant Allotment - Sec. 48.107. PUBLIC EDUCATION GRANT ALLOTMENT. (a) Except as provided...

Section 48.108. Early Education Allotment - Sec. 48.108. EARLY EDUCATION ALLOTMENT. (a) For each student in...

Section 48.109. Gifted and Talented Student Allotment - Sec. 48.109. GIFTED AND TALENTED STUDENT ALLOTMENT. (a) For each...

Section 48.110. College, Career, or Military Readiness Outcomes Bonus - Sec. 48.110. COLLEGE, CAREER, OR MILITARY READINESS OUTCOMES BONUS. (a)...

Section 48.111. Fast Growth Allotment - Sec. 48.111. FAST GROWTH ALLOTMENT. (a) Except as provided by...

Section 48.112. Teacher Incentive Allotment - Sec. 48.112. TEACHER INCENTIVE ALLOTMENT. (a) In this section, "rural...

Section 48.114. Mentor Program Allotment - Sec. 48.114. MENTOR PROGRAM ALLOTMENT. (a) A school district that...

Section 48.115. School Safety Allotment - Sec. 48.115. SCHOOL SAFETY ALLOTMENT. (a) From funds appropriated for...

Subchapter D. Additional Funding

Section 48.151. Transportation Allotment - Sec. 48.151. TRANSPORTATION ALLOTMENT. (a) Each district or county operating...

Section 48.152. New Instructional Facility Allotment - Sec. 48.152. NEW INSTRUCTIONAL FACILITY ALLOTMENT. (a) In this section:...

Section 48.153. Dropout Recovery School and Residential Placement Facility Allotment - Sec. 48.153. DROPOUT RECOVERY SCHOOL AND RESIDENTIAL PLACEMENT FACILITY ALLOTMENT....

Section 48.154. Tuition Allotment for Districts Not Offering All Grade Levels - Sec. 48.154. TUITION ALLOTMENT FOR DISTRICTS NOT OFFERING ALL GRADE...

Section 48.155. College Preparation Assessment Reimbursement - Sec. 48.155. COLLEGE PREPARATION ASSESSMENT REIMBURSEMENT. A school district is...

Section 48.156. Certification Examination Reimbursement - Sec. 48.156. CERTIFICATION EXAMINATION REIMBURSEMENT. A school district is entitled...

Subchapter E. Tier Two Entitlement

Section 48.201. Purpose - Sec. 48.201. PURPOSE. The purpose of the tier two component...

Section 48.202. Tier Two Allotment - Sec. 48.202. TIER TWO ALLOTMENT. (a) Each school district is...

Section 48.203. Limitation on Enrichment Tax Rate - Sec. 48.203. LIMITATION ON ENRICHMENT TAX RATE. The district enrichment...

Section 48.204. Computation of Aid for District on Military Reservation or at State School - Sec. 48.204. COMPUTATION OF AID FOR DISTRICT ON MILITARY RESERVATION...

Subchapter F. Financing the Program

Section 48.251. Financing; General Rule - Sec. 48.251. FINANCING; GENERAL RULE. (a) The cost of the...

Section 48.252. School District Entitlement for Certain Students - Sec. 48.252. SCHOOL DISTRICT ENTITLEMENT FOR CERTAIN STUDENTS. (a) This...

Section 48.253. Additional State Aid for Tax Increment Financing Payments - Sec. 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 - Sec. 48.254. ADDITIONAL STATE AID FOR AD VALOREM TAX CREDITS...

Section 48.2541. Additional State Aid for Certain Ad Valorem Tax Refunds - Sec. 48.2541. ADDITIONAL STATE AID FOR CERTAIN AD VALOREM TAX...

Section 48.2542. Additional State Aid for Adjustment of Limitation on Tax Increases on Homestead of Elderly or Disabled - Text of section effective on January 01, 2023 Sec. 48.2542....

Section 48.2543. Additional State Aid for Homestead Exemption - Sec. 48.2543. ADDITIONAL STATE AID FOR HOMESTEAD EXEMPTION. (a) Beginning...

Section 48.255. State Compression Percentage - Sec. 48.255. STATE COMPRESSION PERCENTAGE. (a) In this title, "state...

Section 48.2551. Maximum Compressed Tax Rate - Sec. 48.2551. MAXIMUM COMPRESSED TAX RATE. (a) In this section:...

Section 48.2552. Limitation on Maximum Compressed Rate - Sec. 48.2552. LIMITATION ON MAXIMUM COMPRESSED RATE. (a) Each year,...

Section 48.2553. Permitted Tax Rate for Maintenance of 2020-2021 School Year Basic Allotment - Sec. 48.2553. PERMITTED TAX RATE FOR MAINTENANCE OF 2020-2021 SCHOOL...

Section 48.2556. Posting on Agency Website of Information Related to Reduction of Limitation of Tax on Homesteads of Elderly or Disabled - Text of section effective on January 01, 2023 Sec. 48.2556....

Section 48.256. Local Share of Program Cost (Tier One) - Sec. 48.256. LOCAL SHARE OF PROGRAM COST (TIER ONE). (a)...

Section 48.257. Local Revenue Level in Excess of Entitlement - Sec. 48.257. LOCAL REVENUE LEVEL IN EXCESS OF ENTITLEMENT. (a)...

Section 48.258. Adjustment for Rapid Decline in Taxable Value of Property - Sec. 48.258. ADJUSTMENT FOR RAPID DECLINE IN TAXABLE VALUE OF...

Section 48.259. Adjustment for Optional Homestead Exemption - Sec. 48.259. ADJUSTMENT FOR OPTIONAL HOMESTEAD EXEMPTION. (a) In any...

Section 48.260. Adjustment for Property Value Affected by State of Disaster - Sec. 48.260. ADJUSTMENT FOR PROPERTY VALUE AFFECTED BY STATE OF...

Section 48.261. Reimbursement for Disaster Remediation Costs - Sec. 48.261. REIMBURSEMENT FOR DISASTER REMEDIATION COSTS. (a) This section...

Section 48.2611. One-Time Reimbursement for Winter Storm Uri - Sec. 48.2611. ONE-TIME REIMBURSEMENT FOR WINTER STORM URI. (a) The...

Section 48.262. Adjustments for Certain Districts Receiving Federal Impact Aid - Sec. 48.262. ADJUSTMENTS FOR CERTAIN DISTRICTS RECEIVING FEDERAL IMPACT AID....

Section 48.263. Adjustment for District Operating Pilot Program - Sec. 48.263. ADJUSTMENT FOR DISTRICT OPERATING PILOT PROGRAM. (a) This...

Section 48.264. Adjustment for Certain Districts With Early High School Graduation Programs - Sec. 48.264. ADJUSTMENT FOR CERTAIN DISTRICTS WITH EARLY HIGH SCHOOL...

Section 48.2642. Adjustments for Texas First Early High School Completion Program Graduates - Sec. 48.2642. ADJUSTMENTS FOR TEXAS FIRST EARLY HIGH SCHOOL COMPLETION...

Section 48.265. Excess Funds for Video Surveillance of Special Education Settings - Sec. 48.265. EXCESS FUNDS FOR VIDEO SURVEILLANCE OF SPECIAL EDUCATION...

Section 48.266. Distribution of Foundation School Fund - Sec. 48.266. DISTRIBUTION OF FOUNDATION SCHOOL FUND. (a) For each...

Section 48.267. Adjustment by Commissioner - Sec. 48.267. ADJUSTMENT BY COMMISSIONER. (a) The commissioner may make...

Section 48.268. Adjustment for Resolution of Dispute or Error Resulting in Taxation of Same Property by Multiple School Districts - Sec. 48.268. ADJUSTMENT FOR RESOLUTION OF DISPUTE OR ERROR RESULTING...

Section 48.269. Estimates Required - Sec. 48.269. ESTIMATES REQUIRED. (a) Not later than October 1...

Section 48.270. Falsification of Records; Report - Sec. 48.270. FALSIFICATION OF RECORDS; REPORT. When, in the opinion...

Section 48.271. Effect of Appraisal Appeal - Sec. 48.271. EFFECT OF APPRAISAL APPEAL. (a) If the final...

Section 48.272. Recovery of Overallocated Funds - Sec. 48.272. RECOVERY OF OVERALLOCATED FUNDS. (a) If a school...

Section 48.2721. Recovery of Funds From Excessive Taxation - Sec. 48.2721. RECOVERY OF FUNDS FROM EXCESSIVE TAXATION. The commissioner...

Section 48.273. Foundation School Fund Transfers - Sec. 48.273. FOUNDATION SCHOOL FUND TRANSFERS. (a) In this section:...

Section 48.274. Foundation School Fund Transfers to Certain Charter Schools - Sec. 48.274. FOUNDATION SCHOOL FUND TRANSFERS TO CERTAIN CHARTER SCHOOLS....

Section 48.275. Use of Certain Funds - Sec. 48.275. USE OF CERTAIN FUNDS. (a) In this section,...

Section 48.277. Formula Transition Grant - Sec. 48.277. FORMULA TRANSITION GRANT. (a) A school district or...

Section 48.278. Equalized Wealth Transition Grant - Sec. 48.278. EQUALIZED WEALTH TRANSITION GRANT. (a) Subject to Subsection...

Section 48.279. Maintenance of State Financial Support for Special Education - Sec. 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 - Sec. 48.281. MAINTENANCE OF EFFORT AND EQUITY FOR FEDERAL MONEY...

Subchapter G. Miscellaneous Provisions

Section 48.301. Additional Assistance for Districts With Students Using Public Education Grants - Sec. 48.301. ADDITIONAL ASSISTANCE FOR DISTRICTS WITH STUDENTS USING PUBLIC...

Section 48.302. Subsidy for High School Equivalency Examination for Certain Individuals - Sec. 48.302. SUBSIDY FOR HIGH SCHOOL EQUIVALENCY EXAMINATION FOR CERTAIN...

Section 48.303. Additional State Aid for Regional Education Service Center Staff Salary Increases - Sec. 48.303. ADDITIONAL STATE AID FOR REGIONAL EDUCATION SERVICE CENTER...

Subchapter H. Texas Commission on Special Education Funding

Section 48.401. Definition - Sec. 48.401. DEFINITION. In this subchapter, "commission" means the Texas...

Section 48.402. Texas Commission on Special Education Funding - Sec. 48.402. TEXAS COMMISSION ON SPECIAL EDUCATION FUNDING. (a) The...

Section 48.403. Presiding Officer - Sec. 48.403. PRESIDING OFFICER. The governor shall designate the presiding...

Section 48.404. Compensation and Reimbursement - Sec. 48.404. COMPENSATION AND REIMBURSEMENT. A member of the commission...

Section 48.405. Administrative Support and Funding - Sec. 48.405. ADMINISTRATIVE SUPPORT AND FUNDING. (a) The agency shall...

Section 48.406. Recommendations - Sec. 48.406. RECOMMENDATIONS. (a) The commission shall develop recommendations under...

Section 48.407. Report - Sec. 48.407. REPORT. Not later than December 31, 2022, the...

Section 48.408. Public Meetings and Public Information - Sec. 48.408. PUBLIC MEETINGS AND PUBLIC INFORMATION. (a) The commission...

Section 48.409. Commission Abolished; Expiration of Subchapter - Sec. 48.409. COMMISSION ABOLISHED; EXPIRATION OF SUBCHAPTER. The commission is...

Subchapter I. Texas Commission on Virtual Education

Section 48.401. Definition - Sec. 48.401. DEFINITION. In this subchapter, "commission" means the Texas...

Section 48.402. Texas Commission on Virtual Education - Sec. 48.402. TEXAS COMMISSION ON VIRTUAL EDUCATION. (a) The commission...

Section 48.403. Presiding Officer - Sec. 48.403. PRESIDING OFFICER. The governor shall designate the presiding...

Section 48.404. Compensation and Reimbursement - Sec. 48.404. COMPENSATION AND REIMBURSEMENT. A member of the commission...

Section 48.405. Administrative Support and Funding - Sec. 48.405. ADMINISTRATIVE SUPPORT AND FUNDING. (a) The agency shall...

Section 48.406. Recommendations - Sec. 48.406. RECOMMENDATIONS. (a) The commission shall develop recommendations to...

Section 48.407. Report - Sec. 48.407. REPORT. Not later than December 31, 2022, the...

Section 48.408. Public Meetings and Public Information - Sec. 48.408. PUBLIC MEETINGS AND PUBLIC INFORMATION. (a) The commission...

Section 48.4085. Gifts, Grants, and Donations - Sec. 48.4085. GIFTS, GRANTS, AND DONATIONS. The agency may accept...

Section 48.409. Commission Abolished; Expiration of Subchapter - Sec. 48.409. COMMISSION ABOLISHED; EXPIRATION OF SUBCHAPTER. The commission is...

Chapter 49 - Options for Local Revenue Levels in Excess of Entitlement

Subchapter A. General Provisions

Section 49.001. Definitions - Sec. 49.001. DEFINITIONS. In this chapter: (1) "Local revenue level...

Section 49.002. Options to Reduce Local Revenue Level - Sec. 49.002. OPTIONS TO REDUCE LOCAL REVENUE LEVEL. A district...

Section 49.003. Inclusion of Attendance Credit and Nonresidents in Weighted Average Daily Attendance - Sec. 49.003. INCLUSION OF ATTENDANCE CREDIT AND NONRESIDENTS IN WEIGHTED...

Section 49.004. Annual Review of Local Revenues - Sec. 49.004. ANNUAL REVIEW OF LOCAL REVENUES. (a) Not later...

Section 49.0041. Local Revenue Level in Excess of Entitlement After Review Notification - Sec. 49.0041. LOCAL REVENUE LEVEL IN EXCESS OF ENTITLEMENT AFTER...

Section 49.005. Comptroller and Appraisal District Cooperation - Sec. 49.005. COMPTROLLER AND APPRAISAL DISTRICT COOPERATION. The chief appraiser...

Section 49.006. Rules - Sec. 49.006. RULES. (a) The commissioner may adopt rules necessary...

Section 49.007. Commissioner to Approve Subsequent Boundary Changes - Sec. 49.007. COMMISSIONER TO APPROVE SUBSEQUENT BOUNDARY CHANGES. A school...

Section 49.008. Homestead Exemptions - Sec. 49.008. HOMESTEAD EXEMPTIONS. (a) The governing board of a...

Section 49.009. Tax Abatements - Sec. 49.009. TAX ABATEMENTS. (a) A tax abatement agreement executed...

Section 49.010. Tax Increment Obligations - Sec. 49.010. TAX INCREMENT OBLIGATIONS. The payment of tax increments...

Section 49.011. Contingency - Sec. 49.011. CONTINGENCY. (a) If any of the options described...

Section 49.012. Date of Elections - Sec. 49.012. DATE OF ELECTIONS. An election under this chapter...

Section 49.013. Procedure - Sec. 49.013. PROCEDURE. (a) Except as provided by Subchapter G,...

Subchapter B. Consolidation by Agreement

Section 49.051. Agreement - Sec. 49.051. AGREEMENT. The governing boards of any two or...

Section 49.052. Governing Law - Sec. 49.052. GOVERNING LAW. Except to the extent modified by...

Section 49.053. Governance Plan - Sec. 49.053. GOVERNANCE PLAN. (a) The agreement among the consolidating...

Section 49.054. Incentive Aid - Sec. 49.054. INCENTIVE AID. (a) Repealed by Acts 2021, 87th...

Subchapter C. Detachment and Annexation by Agreement

Section 49.101. Agreement - Sec. 49.101. AGREEMENT. (a) By agreement of the governing boards...

Section 49.102. Governing Law - Sec. 49.102. GOVERNING LAW. Except to the extent of any...

Section 49.103. Allocation of Appraised Value of Divided Unit - Sec. 49.103. ALLOCATION OF APPRAISED VALUE OF DIVIDED UNIT. If...

Section 49.104. Allocation of Indebtedness - Sec. 49.104. ALLOCATION OF INDEBTEDNESS. The annexation agreement may allocate...

Section 49.105. Notice - Sec. 49.105. NOTICE. As soon as practicable after the agreement...

Subchapter D. Purchase of Attendance Credit

Section 49.151. Agreement - Sec. 49.151. AGREEMENT. A school district with a local revenue...

Section 49.152. Credit - Sec. 49.152. CREDIT. The amount of credit purchased decreases the...

Section 49.153. Cost - Sec. 49.153. COST. (a) The total cost of credit is...

Section 49.154. Payment - Sec. 49.154. PAYMENT. (a) A school district shall pay for...

Section 49.155. Duration - Sec. 49.155. DURATION. An agreement under this section is valid...

Section 49.156. Voter Approval - Sec. 49.156. VOTER APPROVAL. (a) After first executing an agreement...

Section 49.157. Credit for Appraisal Costs - Sec. 49.157. CREDIT FOR APPRAISAL COSTS. The total amount required...

Section 49.158. Limitation - Sec. 49.158. LIMITATION. (a) Sections 49.154 and 49.157 apply only...

Subchapter E. Education of Nonresident Students

Section 49.201. Agreement - Sec. 49.201. AGREEMENT. The board of trustees of a district...

Section 49.202. Voter Approval - Sec. 49.202. VOTER APPROVAL. (a) After first executing an agreement...

Section 49.203. Wada Count - Sec. 49.203. WADA COUNT. For purposes of Chapter 48, students...

Section 49.204. Transfers - Sec. 49.204. TRANSFERS. (a) The board of trustees of a...

Section 49.205. Career and Technology Education Programs - Sec. 49.205. CAREER AND TECHNOLOGY EDUCATION PROGRAMS. (a) The board...

Subchapter F. Tax Base Consolidation

Section 49.251. Agreement - Sec. 49.251. AGREEMENT. The board of trustees of two or...

Section 49.252. Date of Election - Sec. 49.252. DATE OF ELECTION. Any agreement under this subchapter...

Section 49.253. Proposition - Sec. 49.253. PROPOSITION. (a) The ballot shall be printed to...

Section 49.254. Approval - Sec. 49.254. APPROVAL. The proposition is approved only if the...

Section 49.255. Consolidated Taxing District - Sec. 49.255. CONSOLIDATED TAXING DISTRICT. A consolidated taxing district is...

Section 49.256. Governance - Sec. 49.256. GOVERNANCE. (a) The consolidated taxing district is governed...

Section 49.257. Maintenance Tax - Sec. 49.257. MAINTENANCE TAX. (a) The joint board shall levy...

Section 49.258. Revenue Distribution - Sec. 49.258. REVENUE DISTRIBUTION. The consolidated taxing district shall distribute...

Section 49.259. Taxes of Component Districts - Sec. 49.259. TAXES OF COMPONENT DISTRICTS. (a) The governing board...

Section 49.260. Optional Total Tax Base Consolidation - Sec. 49.260. OPTIONAL TOTAL TAX BASE CONSOLIDATION. (a) An agreement...

Subchapter G. Detachment and Annexation by Commissioner

Section 49.301. Definition - Sec. 49.301. DEFINITION. In this subchapter, "mineral property" means a...

Section 49.302. Determination of Taxable Value - Sec. 49.302. DETERMINATION OF TAXABLE VALUE. (a) For purposes of...

Section 49.303. Property Subject to Detachment and Annexation - Sec. 49.303. PROPERTY SUBJECT TO DETACHMENT AND ANNEXATION. (a) Only...

Section 49.304. Taxation of Personal Property - Sec. 49.304. TAXATION OF PERSONAL PROPERTY. Personal property having a...

Section 49.305. Detachment of Property - Sec. 49.305. DETACHMENT OF PROPERTY. (a) The commissioner shall detach...

Section 49.306. Annexation of Property - Sec. 49.306. ANNEXATION OF PROPERTY. (a) The commissioner shall annex...

Section 49.307. Limitations on Detachment and Annexation - Sec. 49.307. LIMITATIONS ON DETACHMENT AND ANNEXATION. The commissioner may...

Section 49.308. Orders and Notice - Sec. 49.308. ORDERS AND NOTICE. (a) The commissioner shall order...

Section 49.309. Treatment of Subdivided Property - Sec. 49.309. TREATMENT OF SUBDIVIDED PROPERTY. (a) If the commissioner...

Section 49.310. Duties of Chief Appraiser - Sec. 49.310. DUTIES OF CHIEF APPRAISER. (a) The chief appraiser...

Section 49.311. Student Attendance - Sec. 49.311. STUDENT ATTENDANCE. A student who is a resident...

Section 49.312. Bond Taxes - Sec. 49.312. BOND TAXES. Property detached from a school district...

Section 49.313. Determination by Commissioner Final - Sec. 49.313. DETERMINATION BY COMMISSIONER FINAL. A decision or determination...

Subchapter H. Consolidation by Commissioner

Section 49.351. Commissioner Order - Sec. 49.351. COMMISSIONER ORDER. If the commissioner is required under...

Section 49.352. Selection Criteria - Sec. 49.352. SELECTION CRITERIA. (a) In selecting the districts to...

Section 49.353. Governance - Sec. 49.353. GOVERNANCE. (a) Until the initial trustees elected as...

Section 49.354. Dissolution of Consolidated District - Sec. 49.354. DISSOLUTION OF CONSOLIDATED DISTRICT. (a) If the legislature...

Section 49.355. Fund Balances - Sec. 49.355. FUND BALANCES. Fund balances of a school district...

Section 49.356. Employment Contracts - Sec. 49.356. EMPLOYMENT CONTRACTS. A consolidated district created under this...

Section 49.357. Application of Sparse Adjustment and Small and Transportation Allotments - Sec. 49.357. APPLICATION OF SPARSE ADJUSTMENT AND SMALL AND TRANSPORTATION...

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Texas Statutes Title 2 - Public Education Subtitle I - School Finance and Fiscal Management

Texas Statutes
Title 2 - Public Education
Subtitle I - School Finance and Fiscal Management