TX HB4847

Requires the state property tax database to include additional information for properties located in school districts subject to "recapture" (districts with local revenue exceeding their state entitlement under Education Code Section 48.257)

Mandates disclosure of the percentage of maintenance and operations taxes the school district must pay to the state to purchase average daily attendance credits, and the percentage retained locally

Requires inclusion of a standardized explanatory statement describing how Texas school funding works, including how the state sets per-student funding levels and how local property taxes and state revenue combine to meet those levels

The required statement must explain that recaptured funds contribute to the state's education funding pool, reduce direct state allocations to other districts, and create budgetary savings for the state

Takes effect January 1, 2026