Bill Amendment: TX HB1525 | 2021-2022 | 87th Legislature

NOTE: For additional amemendments please see the Bill Drafting List

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Bill Title: Relating to the public school finance system and public education.

Status: 2021-06-16 - See remarks for effective date [HB1525 Detail]

Download: Texas-2021-HB1525-House_Amendment_H_3_1-Thompson_Ed.html

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Amend HB 1525 on third reading in SECTION 9 of the bill, in amended Section 45.0021, Education Code, by striking added Subsection (g) of the section and substituting the following:

(g)  This section may not be construed to prohibit a school district from:

(1)  paying a portion of the district's maintenance tax revenue into the tax increment fund for a reinvestment zone under Chapter 311, Tax Code; or

(2)  using money disbursed from the tax increment fund for a reinvestment zone under Chapter 311, Tax Code, in accordance with the agreement entered into by the district with the governing body of the municipality or county that designated the zone under Section 311.013(f) of that code.