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TX SB1635
Bill
Status
2/25/2025
Primary Sponsor
Adam Hinojosa
Click for details
AI Summary
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School districts located in first tier or second tier coastal counties may receive a credit against their required recapture ("Robin Hood") payments under the public school finance system
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The credit amount equals the money the district spent in the preceding school year on windstorm and hail insurance costs
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This insurance cost reduction is applied after any other reductions the district is entitled to under existing provisions of the Education Code
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The bill adds new Section 49.1573 to Subchapter D, Chapter 49 of the Education Code
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Effective date is September 1, 2025
Legislative Description
Relating to a credit against required recapture payments for certain school districts for the cost of windstorm and hail insurance under the public school finance system.
Taxation
Last Action
Left pending in committee
4/15/2025