Tex. Ins. Code Section 1581.054
Excess of Maintenance of Effort

If the amount a school district, other educational district, or participating charter school is required to use to provide health coverage under Section 1581.051 for a fiscal year exceeds the amount necessary for the district or school to comply with Section 1581.052 (Required Minimum Effort)(a) for that year, the district or school may use the excess only to provide employee compensation at a rate greater than the rate of compensation that the district or school paid an employee in the 2000-2001 school year, benefits, or both.
Added by Acts 2003, 78th Leg., ch. 1276, Sec. 10A.471(a), eff. Sept. 1, 2003.

Source: Section 1581.054 — Excess of Maintenance of Effort, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1581.­htm#1581.­054 (accessed May 11, 2024).

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Accessed:
May 11, 2024

§ 1581.054’s source at texas​.gov