Tex. Ins. Code § 1581.054

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1581.054 - Excess of Maintenance of Effort

If the amount a school district, other educational district, or participating charter school is required to use to provide health coverage under Section 1581.051 for a fiscal year exceeds the amount necessary for the district or school to comply with Section 1581.052(a) for that year, the district or school may use the excess only to provide employee compensation at a rate greater than the rate of compensation that the district or school paid an employee in the 2000-2001 school year, benefits, or both.

Tex. Ins. Code § 1581.054

Added by Acts 2003, 78th Leg., ch. 1276, Sec. 10A.471(a), eff. 9/1/2003.