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TX HB289
Bill
Status
11/12/2024
Primary Sponsor
Mihaela Plesa
Click for details
AI Summary
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Amends Section 48.257 of the Education Code to provide relief for certain school districts subject to "recapture" (Chapter 49) requirements that must reduce local revenue exceeding their state entitlement
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Applies specifically to school districts that adopted a maintenance and operations tax rate for the 2024-2025 school year equal to or greater than their maximum compressed tax rate plus six cents
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Requires the Texas Education Agency to adjust the required revenue reduction for qualifying districts if the reduction would result in less maintenance and operations revenue per student than the district had available in the 2025-2026 school year
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Allows qualifying districts to retain enough local funds to maintain their 2025-2026 per-student funding level, excluding funding provided under Section 48.279
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Takes effect September 1, 2025
Legislative Description
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.
Taxation
Last Action
Referred to Public Education
2/27/2025