Texas Education Code - Section 42.258. Recovery Of Overallocated Funds
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Texas Lawyer > Education Code > Texas Education Code - Section 42.258. Recovery Of Overallocated Funds
§ 42.258. RECOVERY OF OVERALLOCATED FUNDS. (a) If a
school district has received an overallocation of state funds, the
agency shall, by withholding from subsequent allocations of state
funds or by requesting and obtaining a refund, recover from the
district an amount equal to the overallocation.
(b) If a district fails to comply with a request for a refund
under Subsection (a), the agency shall certify to the comptroller
that the amount constitutes a debt for purposes of Section 403.055,
Government Code. The agency shall provide to the comptroller the
amount of the overallocation and any other information required by
the comptroller. The comptroller may certify the amount of the debt
to the attorney general for collection.
(c) Any amounts recovered under this section shall be
deposited in the foundation school fund.
Added by Acts 1995, 74th Leg., ch. 260, § 1, eff. May 30, 1995.
Section: 42.2521 42.2522 42.253 42.2531 42.254 42.255 42.257 42.258 42.259 42.260 42.261 42.301 42.302 42.303 42.304
Last modified: August 10, 2007
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