Texas HB278 provides a credit for school districts that prepay for attendance credit under the public school finance system.

Texas HB278 amends the Education Code to allow a credit for school districts that prepay for attendance credit. If a district pays in full before August 15 of the school year, it receives a one percent reduction for each 30-day period remaining until August 15. This credit applies to the total amount required to be paid by the district for attendance credit. The changes take effect on September 1, 2025.

Texas HB278 provides a credit for school districts that prepay for attendance credit under the public school finance system.

Texas HB278 amends the Education Code to allow a credit for school districts that prepay for attendance credit. If a district pays in full before August 15 of the school year, it receives a one percent reduction for each 30-day period remaining until August 15. This credit applies to the total amount required to be paid by the district for attendance credit. The changes take effect on September 1, 2025.