HB 278 introduces a provision in the Texas Education Code that allows school districts to receive a credit for prepaying the amount required to purchase attendance credits under the public school finance system. Specifically, if a school district opts to pay the total required amount in a single payment ahead of time, the total amount is reduced by 1% for each 30-day period remaining until August 15 of the applicable school year. This reduction is applied after any other eligible reductions under existing provisions in Chapter 49​.