Sec. 41.125. CAREER AND TECHNOLOGY EDUCATION PROGRAMS. (a) The board of trustees of a school district with a wealth per student that exceeds the equalized wealth level may reduce the district's wealth per student by executing an agreement to provide students of one or more other districts with career and technology education through a program designated as an area program for career and technology education.
(b) The agreement is not effective unless the commissioner certifies that:
(1) implementation of the agreement will not result in any of the affected districts' wealth per student being greater than the equalized wealth level; and
(2) the agreement requires the district with a wealth per student that exceeds the equalized wealth level to make expenditures benefiting students from other districts in an amount at least equal to the amount that would be required for the district to purchase the number of attendance credits under Subchapter D necessary, in combination with any other actions taken under this chapter other than an action under this section, to reduce the district's wealth per student to a level that is equal to or less than the equalized wealth level.
Added by Acts 2003, 78th Leg., ch. 61, Sec. 7, eff. Sept. 1, 2003.
Last modified: September 28, 2016