Texas § ED.49.154 - PAYMENT
Full text of Texas The Texas Constitution § ED.49.154 — PAYMENT, with citation guidance and answers to common questions.
§ ED.49.154. PAYMENT
PAYMENT. (a) A school district shall pay for credit purchased: (1) in equal monthly payments as determined by the commissioner beginning February 15 and ending August 15 of the school year for which the agreement is in effect; or (2) in one payment for the total amount required to be paid by the district not later than August 15 of the school year for which the agreement is in effect. (a-1) If a school district elects to pay for credit purchased in the manner provided by Subsection (a)(2), the district must notify the commissioner not later than February 15 of the school year for which the agreement is in effect. (a-2) Notwithstanding Subsections (a) and (a-1), a district that receives approval of a request under Section 49.0043 shall pay for credit purchased: (1) in equal monthly payments as determined by the commissioner beginning March 15, 2026, and ending August 15, 2026; or (2) in the manner provided by Subsection (a)(2), provided that the district notifies the commissioner of the district's election to pay in that manner not later than March 15, 2026. (a-3) Subsection (a-2) and this subsection expire September 1, 2026. (a-4) Notwithstanding Subsections (a) and (a-1), a district that receives approval of a request under Section 49.0044 shall pay for credit purchased: (1) in equal monthly payments as determined by the commissioner beginning March 15, 2026, and ending August 15, 2026; or (2) in the manner provided by Subsection (a)(2), provided that the district notifies the commissioner of the district's election to pay in that manner not later than March 15, 2026. (a-5) Subsection (a-4) and this subsection expire September 1, 2026. (b) Receipts shall be deposited in the state treasury and may be used only for foundation school program purposes. Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995. Amended by: Acts 2015, 84th Leg., R.S., Ch. 465 (S.B. 1 ), Sec. 14, eff. June 15, 2015. Transferred, redesignated and amended from Education Code, Section 41.094 by Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3 ), Sec. 1.053, eff. September 1, 2019. Amended by: Acts 2023, 88th Leg., 2nd C.S., Ch. 1 (S.B. 2 ), Sec. 3.12, eff. July 22, 2023. Acts 2025, 89th Leg., R.S., Ch. 338 (S.B. 4 ), Sec. 2.07, eff. June 16, 2025. Acts 2025, 89th Leg., R.S., Ch. 340 (S.B. 23 ), Sec. 2.05, eff. June 16, 2025.
Frequently Asked Questions About Texas § ED.49.154
What does The Texas Constitution § ED.49.154 cover?
Section ED.49.154 ("PAYMENT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § ED.49.154?
A common citation format is "The Texas Constitution § ED.49.154" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § ED.49.154 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.