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TX HB1939

Bill

Official Source

Status

Engrossed

5/16/2025

Primary Sponsor

Morgan Meyer

Click for details

Origin

House of Representatives

89th Legislature Regular Session

AI Summary

  • School districts that purchase attendance credit under the public school finance system receive a 4% reduction in the total amount owed if they prepay

  • To qualify for the discount, districts must elect to pay under Section 49.154(a)(2) and complete full payment by February 15 of the applicable school year

  • The 4% prepayment reduction is applied after any other reductions the district is entitled to under Section 49.157 or other chapter provisions

  • Effective date: September 1, 2025

Legislative Description

Relating to a credit for prepayment of the amount required to be paid by a school district for the purchase of attendance credit under the public school finance system.

Education

Last Action

Left pending in committee

5/27/2025

Committee Referrals

Education K-165/19/2025
Public Education3/14/2025

Full Bill Text

No bill text available