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House Bill 1474 |
House Author: VanDeaver et al. |
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Effective: 9-1-15 |
Senate Sponsor: Eltife |
House Bill 1474 amends the Education Code and the Government Code to change the instructional materials allotment from an annual allotment to a biennial allotment and to change from an annual basis to a biennial basis the frequency of the State Board of Education's required set-aside of 50 percent of the distribution from the permanent school fund to the available school fund for placement in the state instructional materials fund. The bill requires the comptroller of public accounts to permit the Texas Education Agency, to the extent authorized by the General Appropriations Act, to make temporary transfers from the foundation school fund for payment of the instructional materials allotment and, for such purpose, authorizes a transfer from the general revenue fund to the foundation school fund earlier than two days before the date an installment to school districts is required.