Texas Education Code - Section 42.301. Purpose
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§ 42.301. PURPOSE. The purpose of the guaranteed yield
component of the Foundation School Program is to provide each
school district with the opportunity to provide the basic program
and to supplement that program at a level of its own choice. An
allotment under this subchapter may be used for any legal purpose
other than capital outlay or debt service.
Added by Acts 1995, 74th Leg., ch. 260, § 1, eff. May 30, 1995.
Amended by Acts 1999, 76th Leg., ch. 396, § 1.20, eff. Sept. 1,
1999.
Section: 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 43.001 43.002
Last modified: August 10, 2007
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