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TX HB2835

TX HB2835
Relating to the basic allotment and guaranteed yield under the Foundation School Program, including an adjustment in those amounts to reflect inflation.


summary

Introduced
02/14/2025
In Committee
03/19/2025
Crossed Over
Passed
Dead
06/02/2025

Introduced Session

89th Legislature Regular Session

Bill Summary

AN ACT relating to the basic allotment and 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 for school districts and establish an annual inflation adjustment mechanism. Specifically, the bill raises the basic allotment from $6,160 to $7,075 per student in average daily attendance, and introduces a new provision that will automatically adjust this amount annually beginning with the 2026-2027 school year based on the Consumer Price Index for All Urban Consumers. The inflation adjustment will be calculated by the state comptroller and applied to the previous year's allotment, ensuring that school funding keeps pace with rising costs. Additionally, the bill updates related sections of the Education Code to reference the new basic allotment amount, which affects how state and local funds are calculated for school districts. The changes are set to take effect on September 1, 2025, and are designed to provide more stable and responsive funding for public education in Texas.

Committee Categories

Education

Sponsors (1)

Last Action

Referred to Public Education (on 03/19/2025)

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