Tex. Educ. Code § 47.003

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 47.003 - Uses of Fund

Except as otherwise provided by this chapter, money in the fund may be appropriated only:

(1) to pay the cost of tier one allotments under Chapter 48; or

(2) for the purpose of reducing school district maintenance and operations ad valorem tax rates.

Tex. Educ. Code § 47.003

Added by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 943,Sec. 1.010, eff. 1/1/2020.