HB337 - Relating to the dedication of surplus money in the foundation school fund to increase the basic allotment under the Foundation School Program.

  89R2323 MEW-D     By: Plesa H.B. No. 337       A BILL TO BE ENTITLED   AN ACT   relating to the dedication of surplus money in the foundation   school fund to increase the basic allotment under the Foundation   School Program.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Subchapter F, Chapter 48, Education Code, is   amended by adding Section 48.2722 to read as follows:           Sec.   48.2722.     DEDICATION OF SURPLUS FUNDS. If the amount   appropriated to the foundation school fund for a state fiscal year   exceeds the amount to which school districts are entitled to   receive under Chapter 46 and this chapter for that fiscal year, the   excess amount may be appropriated only to increase the basic   allotment under Section 48.051.          SECTION 2.  This Act takes effect September 1, 2025.