Education Code › Title 2 › Chapter 47

Texas Education Code § 47.003

Uses of Fund

Tax Reduction and Excellence in Education 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.

Official text of the Texas Education Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3), Sec. 1.010, eff. January 1, 2020.

Sections that refer to this one

§ 47.004§ 47.006