GroundRules
← Search the law
Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Education Code § 48.2542: ADDITIONAL STATE AID FOR ADJUSTMENT OF LIMITATION ON TAX INCREASES ON HOMESTEAD OF ELDERLY OR DISABLED.

Read at publisher ↗
Where this section sits in the code
  1. EDUCATION CODE
  2. TITLE 2. PUBLIC EDUCATION
  3. SUBTITLE I. SCHOOL FINANCE AND FISCAL MANAGEMENT
  4. CHAPTER 48. FOUNDATION SCHOOL PROGRAM
  5. SUBCHAPTER F. FINANCING THE PROGRAM

Notwithstanding any other provision of this chapter, if a school district is not fully compensated through state aid or the calculation of excess local revenue under this chapter based on the determination of the district's taxable value of property under Subchapter M, Chapter 403, Government Code, the district is entitled to additional state aid in the amount necessary to fully compensate the district for the amount of ad valorem tax revenue lost due to a reduction of the amount of the limitation on tax increases provided by Section 11.26(a-10), Tax Code.

Amended by:

Acts 2023, 88th Leg., 2nd C.S., Ch. 1 (S.B. 2), Sec. 3.05, eff. January 1, 2025.

Collected 2026-08-27T01:47:05Z. Source file · JSON

Browse this collection