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Texas Statutes (Last Updated: January 4, 2014) |
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EDUCATION CODE |
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Title 2. PUBLIC EDUCATION |
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Subtitle I. SCHOOL FINANCE AND FISCAL MANAGEMENT |
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Chapter 41. EQUALIZED WEALTH LEVEL |
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Subchapter D. PURCHASE OF ATTENDANCE CREDIT |
Sec. 41.094. PAYMENT
Latest version.
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(a) A school district shall pay for credits purchased in equal monthly payments as determined by the commissioner beginning February 15 and ending August 15 of the school year for which the agreement is in effect.
(a-1) Expired.
(b) Receipts shall be deposited in the state treasury and may be used only for foundation school program purposes.
Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995.