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Bill > HB289


TX HB289

TX HB289
Relating to a reduction of the amount by which certain school districts must reduce their local revenue levels in excess of entitlement under the public school finance system.


summary

Introduced
11/12/2024
In Committee
02/27/2025
Crossed Over
Passed
Dead
06/02/2025

Introduced Session

89th Legislature Regular Session

Bill Summary

AN ACT relating to a reduction of the amount by which certain school districts must reduce their local revenue levels in excess of entitlement under the public school finance system.

AI Summary

This bill modifies the Texas Education Code to adjust how certain school districts reduce their local revenue levels. Specifically, the bill applies to school districts that have a tier one local share (a type of local school funding) exceeding their state entitlement. For school districts that adopt a maintenance and operations tax rate of at least their maximum compressed tax rate plus six cents in the 2024-2025 school year, the bill provides a mechanism to prevent a reduction in maintenance and operations revenue per student. If reducing the district's tier one revenue level would result in less maintenance and operations revenue per student in the 2025-2026 school year, the state education agency can adjust the required revenue reduction. This adjustment ensures that the district maintains its maintenance and operations revenue per student at the 2025-2026 school year level, essentially providing a financial protection for these school districts. The bill will take effect on September 1, 2025, and aims to provide some financial stability for school districts with higher local tax rates.

Committee Categories

Education

Sponsors (2)

Last Action

Referred to Public Education (on 02/27/2025)

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