Texas 2019 - 86th Regular

Texas House Bill HB4034

Caption

Relating to the use of money in the state lottery account for education.

Impact

One notable impact of HB 4034 is its potential to provide a more consistent and substantial financial resource for education in Texas. By ensuring that a significant portion of lottery revenues is directly funneled into the foundation school fund, the bill aims to bolster educational programs and resources, which may assist in addressing disparities in funding across different school districts. The legislative change signifies a commitment to prioritizing education in state budgeting.

Summary

House Bill 4034 seeks to amend the Texas Government Code regarding the allocation of revenues generated from the state lottery. The bill mandates that at least 50% of the total revenue derived from the sale of lottery tickets and associated fees be deposited into the foundation school fund. This legislative effort is thereby aimed at enhancing the funding available for educational initiatives within the state.

Contention

However, the bill may not be free from contention. Critics could argue that relying on lottery revenues for education could lead to issues of volatility, as these funds may fluctuate with changes in lottery sales. Additionally, there may be concerns surrounding ethics and the implications of using gambling revenues to support public education, prompting debate among policymakers and stakeholders regarding the appropriateness of such funding sources.

Companion Bills

No companion bills found.

Previously Filed As

TX HB2504

Relating to the award of scholarship money by the Texas State Board of Public Accountancy to certain accounting students.

TX SB951

Relating to the award of scholarship money by the Texas State Board of Public Accountancy to certain accounting students.

TX SB779

Relating to the use of scholarship money awarded by the Texas State Board of Public Accountancy to certain fifth-year accounting students.

TX HB3940

Relating to the compensation paid to sale agents for state lottery ticket sales.

TX HB4801

Relating to the use of the money in the Opioid Abatement Account.

TX HB5267

Relating to the establishment of the Education Savings Account Program to allow certain children to use public money to pursue educational alternatives to public schools and an insurance premium tax credit for contributions made for purposes of that program.

TX HB4340

Relating to the establishment of the Education Savings Account Program to allow certain children to use public money to pursue educational alternatives to public schools and an insurance premium tax credit for contributions made for purposes of that program.

TX HB1395

Relating to the Texas Lottery Commission establishing at least one weekly lottery game with a drawing held on Sundays.

TX HB4339

Relating to the establishment of the Education Savings Account Program to allow certain disadvantaged children and their siblings to use public money to pursue educational alternatives to public schools and an insurance premium tax credit for contributions made for purposes of that program.

TX SB2354

Relating to the establishment of the Education Savings Account Program to allow certain disadvantaged children and their siblings to use public money to pursue educational alternatives to public schools and an insurance premium tax credit for contributions made for purposes of that program.

Similar Bills

No similar bills found.