TX HB390

Increases the maximum enrichment tax rate that school districts can levy from 8 cents to 10 cents above the maximum maintenance and operations tax rate

Expands the guaranteed yield calculation under the Foundation School Program to apply to the first 10 cents (instead of 8 cents) by which a district's maintenance and operations tax rate exceeds its tier one tax rate

Maintains the existing formula for calculating the guaranteed level of state and local funds per weighted student per cent of tax effort at the 96th percentile of wealth or $6,160 multiplied by 0.016

Preserves the secondary guaranteed yield calculation at 0.008 multiplied by $6,160 for tax effort exceeding the primary enrichment tier threshold

Takes effect September 1, 2025