89R17585 KJE-D
 
  By: Leo Wilson H.B. No. 4440
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the use of receipts from attendance credit purchased
  under the public school finance system.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter D, Chapter 49, Education Code, is
  amended by adding Section 49.159 to read as follows:
         Sec. 49.159.  TRACKING SYSTEM AND REPORT. (a) The agency
  shall develop a system to track the use of receipts from attendance
  credit purchased under this subchapter.
         (b)  The agency shall annually post on the agency's Internet
  website a report on the use of receipts from attendance credit
  purchased under this subchapter during the preceding school year.
  The report must include the amount spent to achieve wealth
  equalization.
         SECTION 2.  This Act applies beginning with the 2025-2026
  school year.
         SECTION 3.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2025.