{"data":{"id":"us-tx/tex.-education-code-49.153","jurisdiction":"us-tx","citation":"Tex. Education Code § 49.153","heading":"COST.","body":"(a) The total cost of credit is the amount of the district's maintenance and operations tax revenue that exceeds the level established under Section 48.257.\n(b) For purposes of this section, a school district's maintenance and operations tax revenue does not include any amounts paid into a tax increment fund under Chapter 311, Tax Code.\n(c) The cost of attendance credit for a school district is computed using the final tax collections of the district.\nAdded by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995. Amended by Acts 1997, 75th Leg., ch. 592, Sec. 1.02, eff. Sept. 1, 1997; Acts 1997, 75th Leg., ch. 1071, Sec. 9, eff. Sept. 1, 1997; Acts 1999, 76th Leg., ch. 396, Sec. 1.06, eff. Sept. 1, 1999.\nAmended by:\nActs 2006, 79th Leg., 3rd C.S., Ch. 5 (H.B. 1), Sec. 1.02, eff. May 31, 2006.\nActs 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 45, eff. September 1, 2009.\nActs 2015, 84th Leg., R.S., Ch. 448 (H.B. 7), Sec. 4, eff. September 1, 2015.\nTransferred, redesignated and amended from Education Code, Section 41.093 by Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3), Sec. 1.053, eff. September 1, 2019.","path":["EDUCATION CODE","TITLE 2. PUBLIC EDUCATION","SUBTITLE I. SCHOOL FINANCE AND FISCAL MANAGEMENT","CHAPTER 49. OPTIONS FOR LOCAL REVENUE LEVELS IN EXCESS OF ENTITLEMENT","SUBCHAPTER D. PURCHASE OF ATTENDANCE CREDIT"],"source_url":"https://statutes.capitol.texas.gov/Docs/ED/htm/ED.49.htm#49.153","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:05Z","sha256":"08e3d0b7bb30efd0291c981e37b4a53495b9a956bb43ed14cde8b0313a8d8dfe","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-education-code-49.152","next":"us-tx/tex.-education-code-49.154"},"notice":"GroundRules: Original legal text. Not legal advice."}