Relating to transfers from the permanent school fund to the available school fund.
Summary
House Bill 4590 aims to amend the Texas Education Code, specifically regarding the distribution of funds from the permanent school fund to the available school fund. The bill outlines the process by which monthly transfers should occur, ensuring that they adhere to the stipulations set by the Texas Constitution. This amendment seeks to enhance clarity in the funding process, aiming for consistent financial support for educational needs throughout Texas.
The bill introduces mechanisms that allow for adjustments in the monthly transfer amounts, particularly in the context of state fiscal bienniums. If there are limitations in the first year that prevent the full transfer of allocated funds, the bill authorizes increased transfers in the second year. This provision is intended to ensure that schools receive adequate funding even when fluctuations occur in revenue or compliance issues arise under existing constitutional guidelines.
Notably, the adjustments proposed in HB4590 could significantly impact how educational resources are managed and distributed across the state. By facilitating smoother transfers, the bill aims to prevent potential financial shortfalls that could adversely affect schools, thus ensuring that educational programs are maintained. Moreover, the provisions for potential catch-up transfers in subsequent years could foster a more stable financial environment for school funding.
While the bill primarily focuses on procedural adjustments, its implications could lead to contentious debates surrounding school funding priorities. Stakeholders might express differing views on the necessity of increased transfers and the impact this has on overall budget allocations for other state programs. Therefore, while HB4590 is positioned as a technical adjustment, it opens the envelope for broader discussions on education finance reform within Texas.
Proposing a constitutional amendment reducing The University of Texas System's share of the income and other benefits of the permanent university fund, transferring to the national research university fund and general revenue fund a portion of the annual distribution made from the permanent university fund to the available university fund, appropriating the portion transferred to the national research university fund, and dedicating the portion transferred to the general revenue fund to provide for the support and maintenance of public institutions of higher education.
Relating to measures for ensuring safety and security in public schools, including the establishment of a school safety grant program and a school safety plan implementation grant program, and the allocation of certain constitutional transfers of money to the state school safety fund, the economic stabilization fund, and the state highway fund.
Proposing a constitutional amendment creating the state school safety fund to provide ongoing financial support for projects that ensure the safety of public schools in this state and providing for the transfer of certain general revenues to that fund, the economic stabilization fund, and the state highway fund.
Relating to the admission to public schools of children unlawfully present in the United States and the eligibility of those children for the benefits of the available school fund and Foundation School Program.
Relating to the admission to public schools of children unlawfully present in the United States and the eligibility of those children for the benefits of the available school fund and Foundation School Program.
Relating to the admission to public schools of children unlawfully present in the United States and the eligibility of those children for the benefits of the available school fund and Foundation School Program.
Relating to the admission to public schools of children unlawfully present in the United States and the eligibility of those children for the benefits of the available school fund and Foundation School Program.
Relating to the admission to public schools of children unlawfully present in the United States and the eligibility of those children for the benefits of the available school fund and Foundation School Program.