By: Martinez Fischer H.J.R. No. 192
A JOINT RESOLUTION
proposing a constitutional amendment requiring the legislature to
increase the basic allotment under the Foundation School Program
and to adjust the allotment in a manner that reflects annual
inflation.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Article VII, Texas Constitution, is amended by
adding Section 3A to read as follows:
Sec. 3A. THE BASIC ALLOTMENT. For the Fiscal Year of 2025,
a school district is entitled to a basic allotment equal to $7,500
for each student in addition to any higher amount per student as
provided by the Legislature. For all subsequent state fiscal
years, the Legislature shall set the basic allotment under the
Foundation School Program at the amount that results from applying
the inflation rate, as determined by the comptroller on the basis of
changes in the Consumer Price Index for Urban Consumers published
by the Bureau of Labor Statistics of the United States Department of
Labor, to the allotment for the preceding school year, except that
the basic allotment may not be set at an amount that is less than the
amount of the basic allotment established by this provision. The
comptroller shall, not later than the 90th day of each fiscal year,
transfer to the Foundation School Fund 25 percent of any
unencumbered positive balance of general revenues on the last day
of the preceding fiscal year.
SECTION 2 . This proposed constitutional amendment shall be
submitted to the voters at an election to be held November 7, 2023.
The ballot shall be printed to permit voting for or against the
proposition: "The constitutional amendment setting the amount of
the basic allotment under the Foundation School Program and
providing for its adjustment for annual inflation."