The text as introduced · 300 words
90R2745 AMF-F
By: Anchía
H.B. No. 853
A BILL TO BE ENTITLED
AN ACT
relating to the basic allotment under the Foundation School
Program, including an adjustment in that amount to reflect
inflation.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 48.051, Education Code, is amended by
amending Subsection (a) and adding Subsection (a-1) to read as
follows:
(a) Subject to adjustment under Subsection (a-1), for [ For ]
each student in average daily attendance, not including the time
students spend each day in career and technology education programs
or in special education programs in a setting other than a general
education setting, for which an additional allotment is made under
Subchapter C, a school district is entitled to an allotment equal to
the lesser of the amounts that result from the following formulas:
(1) A = $7,075 [ $6,160 ] + GYIA; or
(2) A = ( $7,075 [ $6,160 ] + GYIA) X TR/MCR
where:
"A" is the allotment to which a district is entitled;
"GYIA" is the guaranteed yield increment adjustment
determined under Section 48.2561;
"TR" is the district's tier one maintenance and operations
tax rate, as provided by Section 45.0032; and
"MCR" is the district's maximum compressed tax rate, as
determined under Section 48.2551.
(a-1) Beginning with the 2028-2029 school year, the basic
allotment provided to a district under Subsection (a) or (b) is
adjusted annually to increase the allotment by the amount that
results from applying the inflation rate, as determined by the
comptroller on the basis of changes in the Consumer Price Index for
All Urban Consumers published by the Bureau of Labor Statistics of
the United States Department of Labor, to the allotment for the
preceding school year.
SECTION 2. This Act takes effect September 1, 2027.