Texas 2019 - 86th Regular

Texas House Bill HB3633

Caption

Relating to the board of directors of the Texas Windstorm Insurance Association.

Impact

If passed, HB3633 would substantially impact the state's budget and its approach to education funding. The bill aims to ensure that every school district receives adequate financial resources, which could lead to improved facilities, educational programs, and teacher salaries. This reform is particularly significant as it recognizes and attempts to remedy the challenges faced by schools in economically disadvantaged areas, potentially leading to a more uniform standard of education across the state.

Summary

House Bill 3633 proposes to streamline the funding process for public education in the state by creating a more equitable distribution of resources among school districts. The legislation aims to address disparities in funding that currently exist, particularly affecting lower-income areas. By restructuring current funding formulas and allocating more state resources to underfunded districts, HB3633 seeks to enhance the quality of education provided to all students across the state, thereby promoting educational equity.

Contention

There are notable points of contention surrounding House Bill 3633. Proponents, including various education advocacy groups, argue that the bill is crucial for fostering equal educational opportunities and addressing long-standing inequities in the system. However, opponents express concern over the potential financial implications for wealthier districts, which may face reductions in funding. Additionally, there are worries about the bill's reliance on state resources, leading to fears of future budget shortfalls or increased taxation as the state adjusts its funding priorities to accommodate the proposed changes.

Companion Bills

No companion bills found.

Previously Filed As

TX HB1991

Relating to the board of directors of the Texas Windstorm Insurance Association.

TX SB1217

Relating to the Texas Windstorm Insurance Association.

TX HB2880

Relating to the administration of the Texas Windstorm Insurance Association.

TX HB3311

Relating to the process of selecting representatives of the insurance industry to serve on the board of directors of the Texas Windstorm Insurance Association.

TX SB2232

Relating to requirements for insurance agents offering windstorm and hail insurance policies issued by the Texas Windstorm Insurance Association.

TX SB2556

Relating to the abolition of the Texas Windstorm Insurance Association and coverage for windstorm by certain insurers.

TX HB3821

Relating to requirements for insurance agents offering windstorm and hail insurance policies issued by the Texas Windstorm Insurance Association.

TX HB1588

Relating to funding of excess losses and operating expenses of the Texas Windstorm Insurance Association; authorizing an assessment; authorizing a surcharge.

TX SB230

Relating to the recusal from a vote of a member of the board of directors or a subcommittee of the board of the Texas Windstorm Insurance Association based on the member's financial interest.

TX SB841

Relating to funding of excess losses and operating expenses of the Texas Windstorm Insurance Association; authorizing an assessment, a surcharge, and an infrastructure grant.

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DE HB243

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