Texas Education Code - Section 42.260. Use Of Certain Funds
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§ 42.260. USE OF CERTAIN FUNDS. (a) In this section,
"participating charter school" has the meaning assigned by Section
42.2514.
(b) For each year, the commissioner shall certify to each
school district or participating charter school the amount of:
(1) additional funds to which the district or school
is entitled due to the increase made by H.B. No. 3343, Acts of the
77th Legislature, Regular Session, 2001, to:
(A) the equalized wealth level under Section
41.002; or
(B) the guaranteed level of state and local funds
per weighted student per cent of tax effort under Section 42.302;
or
(2) additional state aid to which the district or
school is entitled under Section 42.2513.
(c) Notwithstanding any other provision of this code, a
school district or participating charter school may use the
following amount of funds only to pay contributions under a group
health coverage plan for district or school employees:
(1) an amount equal to 75 percent of the amount
certified for the district or school under Subsection (b); or
(2) if the following amount is less than the amount
specified by Subdivision (1), the sum of:
(A) the amount determined by multiplying the
amount of $900 or the amount specified in the General
Appropriations Act for that year for purposes of the state
contribution under Section 9, Article 3.50-7, Insurance Code, by
the number of district or school employees who participate in a
group health coverage plan provided by or through the district or
school; and
(B) the difference between the amount necessary
for the district or school to comply with Section 3, Article 3.50-9,
Insurance Code, for the school year and the amount the district or
school is required to use to provide health coverage under Section 2
of that article for that year.
(d) A determination by the commissioner under this section
is final and may not be appealed.
(e) The commissioner may adopt rules to implement this
section.
Added by Acts 2001, 77th Leg., ch. 1187, § 2.08, eff. Sept. 1,
2002.
Section: 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 42.352 42.4101
Last modified: August 10, 2007
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