89th Legislature, Regular Session
HB 558
Relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions.
Introduced
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- Passed House
- Passed Senate
- To Governor
- Became Law
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89R2010 KJE-D By: Schofield H.B. No. 558 A BILL TO BE ENTITLED AN ACT relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 7.062(c), Education Code, is amended to read as follows: (c) Except as otherwise provided by this subsection, if the commissioner certifies that the amount appropriated for a state fiscal year for purposes of Subchapters A and B, Chapter 46, exceeds