Texas House Bill HB3915

Texas 2019 - 86th Regular

Caption

Relating to the guaranteed yield and the school facilities allotment under the Foundation School Program and to a school district's rollback tax rate for the 2019 tax year.

Impact

If enacted, HB 3915 would make significant changes to how state funds are distributed to school districts for the 2019 school year. It aims to establish a more equitable framework for determining the state and local funding guaranteed for educational facilities. By adjusting the calculation for guaranteed yield amounts and bond tax rates, the bill proposes to enhance the financial support available to schools, thus aiming to improve overall educational outcomes.

Summary

House Bill 3915 focuses on updating provisions related to the guaranteed yield and school facilities allotment under the Foundation School Program in Texas. This bill specifically addresses the rollback tax rate for school districts for the year 2019. The amendments proposed by HB 3915 are designed to ensure that school districts receive a fair amount of funding based on their student populations, ensuring that education funding aligns with the needs of their specific communities.

Contention

While the bill has received support for its intended outcomes, concerns may arise regarding its implementation and potential impact on local taxing authority. Stakeholders could argue that modifying the rollback tax rate might limit local flexibility that schools currently enjoy in managing their funding. Potential opposition may also stem from apprehensions about how changes to state funding could create disparities between wealthier and less affluent districts, particularly in achieving desired education standards.