TX HB123

Requires school districts to administer reading and mathematics instruments to students in kindergarten through third grade at specified intervals throughout the school year to measure foundational literacy and numeracy skills, with results reported to parents within 30 days

Mandates reading interventions for students whose results on two consecutive reading instruments indicate they are at risk of not achieving satisfactory performance, including targeted instruction with effective materials provided by trained personnel

Creates teacher literacy achievement and reading intervention academies along with mathematics achievement academies, requiring all K-3 classroom teachers, principals, and math coaches to complete mathematics training by the 2031-2032 school year

Establishes a supplementary supports grant program providing $400 to parents of students in grades 1-3 who fail reading assessments, allowing them to purchase tutoring services from agency-approved providers

Provides funding through an early childhood allotment (basic allotment multiplied by 0.01 for all K-3 students, plus 0.1 for educationally disadvantaged or emergent bilingual students) and an early literacy intervention allotment of $250 per student receiving reading interventions, with school districts facing funding reductions if students who received grants still fail third grade reading assessments