Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 650 provides a financial incentive for school districts to prepay their attendance credit obligations under Texas’ school finance system. Districts that fully pay their required amount by February 15 of a given school year receive a 4% reduction in the total payment. The incentive applies after any other applicable reductions and is designed to encourage early payments, potentially easing the financial management burden on the state.
Author (2)
Mano DeAyala
Donna Howard