{"data":{"id":"us-tx/tex.-education-code-47.004","jurisdiction":"us-tx","citation":"Tex. Education Code § 47.004","heading":"DEPOSIT OF CERTAIN MONEY DEDICATED FOR SCHOOL DISTRICT AD VALOREM TAX RATE REDUCTION.","body":"(a) The comptroller shall deposit to the credit of the fund money that Section 49-g, Article III, Texas Constitution, dedicates to the purpose of reducing school district maintenance and operations ad valorem tax rates.\n(b) Money deposited to the fund under this section may be appropriated from the fund only for the purpose described by Section 47.003(2).\nAdded by Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3), Sec. 1.010, eff. January 1, 2020.","path":["EDUCATION CODE","TITLE 2. PUBLIC EDUCATION","SUBTITLE I. SCHOOL FINANCE AND FISCAL MANAGEMENT","CHAPTER 47. TAX REDUCTION AND EXCELLENCE IN EDUCATION FUND"],"source_url":"https://statutes.capitol.texas.gov/Docs/ED/htm/ED.47.htm#47.004","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:05Z","sha256":"523fdf7462cb8d149b933bb5add8f652048828e856ca40a7c135ca8362266981","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-education-code-47.003","next":"us-tx/tex.-education-code-47.005"},"notice":"GroundRules: Original legal text. Not legal advice."}