Bill > HB390

This bill modifies two sections of the Texas Education Code related to school district enrichment tax rates and funding calculations under the Foundation School Program. Specifically, the bill increases from 8 to 10 cents the additional maintenance and operations tax effort a school district can levy over its maximum tax rate. Correspondingly, the bill adjusts the guaranteed level of state and local funds per weighted student per cent of tax effort, maintaining the same funding formula but applying it to the expanded 10-cent range instead of the previous 8-cent range. The guaranteed yield calculation remains structured similarly, with one rate for the first 10 cents of tax effort above the district's tier one tax rate (calculated by multiplying $6,160 by 0.016) and a lower rate for additional tax effort beyond that (calculated by multiplying $6,160 by 0.008). The bill will take effect on September 1, 2025, providing school districts with more flexibility in local tax levies and potentially increasing their access to state funding support.

Education

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB390