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Bill > HB2435
TX HB2435
TX HB2435Relating to the basic allotment and the guaranteed yield under the Foundation School Program, including an adjustment in those amounts to reflect inflation.
summary
Introduced
02/05/2025
02/05/2025
In Committee
03/17/2025
03/17/2025
Crossed Over
Passed
Dead
06/02/2025
06/02/2025
Introduced Session
89th Legislature Regular Session
Bill Summary
AN ACT relating to the basic allotment and the guaranteed yield under the Foundation School Program, including an adjustment in those amounts to reflect inflation.
AI Summary
This bill modifies the Texas Education Code to increase the basic allotment (the foundational funding per student) from $6,160 to $8,947 and introduces an automatic annual inflation adjustment for school district funding beginning in the 2026-2027 school year. The inflation adjustment will increase the basic allotment each year based on the Consumer Price Index for All Urban Consumers, as determined by the comptroller, with a key provision that if the inflation rate is negative, the adjustment will be zero. The bill changes how the guaranteed level of state and local funds per weighted student is calculated by using the new maximum basic allotment amount as the basis for those calculations. The changes are designed to provide more stable and responsive funding for school districts, accounting for rising costs of education by allowing the basic allotment to automatically adjust for inflation. The bill will take effect on September 1, 2025, giving school districts and state education officials time to prepare for the new funding framework.
Committee Categories
Education
Sponsors (1)
Last Action
Referred to Public Education (on 03/17/2025)
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB2435 |
BillText | https://capitol.texas.gov/tlodocs/89R/billtext/html/HB02435I.htm |
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