TX HB2782

Removes the $60 million annual cap on total instructional facilities funding available to open-enrollment charter schools statewide

Charter schools will receive facilities funding calculated by multiplying the guaranteed level of state and local funds per student by the state average interest and sinking fund tax rate imposed by school districts

Eliminates the provision that limited charter school facilities funding to the lesser of the state average tax rate or a rate that would cap total funding at $60 million

Takes effect September 1, 2025