Relating to additional state aid for school districts that provide social security coverage for district employees.
Impact
If passed, HB4036 will amend the Education Code, specifically adding a new section to the existing regulations on state aid for schooling. The bill entitles eligible school districts to a specified amount of state aid for each school year, beginning from the 2015-2016 academic year, proportional to their contributions towards social security. The additional support is intended to bolster the financial resources of school districts, especially those that had previously been ineligible for state aid under current provisions.
Summary
House Bill 4036 pertains to the provision of additional state aid for school districts in Texas that offer social security coverage for their employees. This initiative particularly focuses on those districts that provided social security coverage during the year 2014. The bill aims to support these districts with financial assistance that corresponds to their contributions to the social security program for district employees.
Contention
While the intention behind HB4036 is to improve the financial standing of school districts that provide social security benefits, there may be potential points of contention regarding the funding and overall impact on state education budgets. Critics might argue that the additional funding could divert resources from other critical education initiatives, or raise concerns about sustainability and long-term fiscal responsibilities of the state. Therefore, discussions surrounding this bill may include debates on the adequacy of state resources and whether they can sustain such additional support without compromising other educational needs.
Relating to a reduction in the maximum compressed tax rate of a school district and additional state aid for certain school districts impacted by compression.
Relating to a reduction in the maximum compressed tax rate of a school district and additional state aid for certain school districts impacted by compression.
Relating to a reduction in the maximum compressed tax rate of a school district and additional state aid for certain school districts impacted by compression, an increase in the amount of certain exemptions from ad valorem taxation by a school district applicable to residence homesteads, an adjustment in the amount of the limitation on school district ad valorem taxes imposed on the residence homesteads of the elderly or disabled to reflect increases in the exemption amounts, and the protection of school districts against the resulting loss in local revenue.
Relating to a local optional teacher designation system implemented by a school district, a security officer employed by a school district, the basic allotment and guaranteed yield under the public school finance system, and certain allotments under the Foundation School Program; making an appropriation.