HB3380 - Relating to the basic allotment and guaranteed yield under the Foundation School Program, including an adjustment in those amounts to reflect inflation.

  89R15153 ANG-D     By: Rosenthal H.B. No. 3380       A BILL TO BE ENTITLED   AN ACT   relating to the basic allotment and guaranteed yield under the   Foundation School Program, including an adjustment in those amounts   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 special education programs in an   instructional arrangement other than mainstream or career and   technology education programs, for which an additional allotment is   made under Subchapter C, a district is entitled to an allotment   equal to the lesser of $7,500 [ $6,160 ] or the amount that results   from the following formula:   A = $7,500 [ $6,160 ] X TR/MCR   where:          "A" is the allotment to which a district is entitled;          "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 2026-2027 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.  Section 48.202(a-1), Education Code, is amended   to read as follows:          (a-1)  For purposes of Subsection (a), the dollar amount   guaranteed level of state and local funds per weighted student per   cent of tax effort ("GL") for a school district is:                (1)  the greater of the amount of district tax revenue   per weighted student per cent of tax effort available to a school   district at the 96th percentile of wealth per weighted student or   the amount that results from multiplying the maximum amount of the   basic allotment provided under Section 48˙.051 for the applicable   school year [ 6,160, or the greater amount provided under Section   48.051(b), if applicable, ] by 0.016, for the first eight cents by   which the district's maintenance and operations tax rate exceeds   the district's tier one tax rate; and                (2)  subject to Subsection (f), the amount that results   from multiplying the maximum amount of the basic allotment provided   under Section 48˙.051 for the applicable school year [ $6,160, or the   greater amount provided under Section 48.051(b), if applicable, ] by   0.008, for the district's maintenance and operations tax effort   that exceeds the amount of tax effort described by Subdivision (1).          SECTION 3.  This Act takes effect September 1, 2025.