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Current as of January 01, 2024 | Updated by Findlaw Staff
The school taxing ability protection fund is a special fund in the state treasury. Money in the fund may be appropriated to finance formulas designed to protect school districts against estimated revenue losses resulting from implementation of Article VIII, Sections 1-b(c), 1-b(d), and 1-d-1, of the Texas Constitution and shall be allocated to school districts on the basis of formulas, conditions, and limitations prescribed by law.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 403.103. School Taxing Ability Protection Fund - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-403-103/
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