Texas 2025 - 89th 1st C.S.

Texas House Bill HB129

Voted on by House
 
Out of Senate Committee
 
Voted on by Senate
 
Governor Action
 
Bill Becomes Law
 

Caption

Relating to the dedication of certain surplus state revenue for school district maintenance and operations ad valorem tax relief.

Impact

By allocating a portion of surplus state revenue to school districts, HB129 aims to alleviate the financial burden of operational taxes on students and their families. This legislative effort is expected to positively influence the funding available for public education, potentially allowing schools to allocate more resources toward educational initiatives rather than spending on tax considerations. The bill signifies a strategic shift towards enhancing educational support through fiscal measures aimed at school district operations.

Summary

House Bill 129 focuses on the dedication of certain surplus state revenue specifically for providing ad valorem tax relief for school district maintenance and operations. The bill mandates that the Texas Comptroller must assess the state’s general revenue at the end of each fiscal biennium and determine a specific surplus amount. If the surplus is at least $1.5 billion, then 10% of this amount is to be earmarked for the designated purpose, emphasizing the importance of education financing in Texas.

Contention

While the bill aims to provide financial relief, some lawmakers may raise concerns about the sustainability and constraints of relying on surplus revenue, which can fluctuate based on various economic factors. Critics could argue that such a bill does not provide a reliable or consistent funding mechanism for schools and that it places too much emphasis on surplus availability. Additionally, there may be debates surrounding priorities in state funding, particularly in addressing various educational needs across different districts.

Texas Constitutional Statutes Affected

Government Code

  • Chapter 403. Comptroller Of Public Accounts
    • Section: New Section

Companion Bills

No companion bills found.

Previously Filed As

TX HB264

Relating to the dedication of certain surplus state revenue for ad valorem tax relief.

TX HB33

Relating to reducing school district maintenance and operations ad valorem taxes through the use of certain surplus state revenue.

TX HB18

Relating to reducing school district maintenance and operations ad valorem taxes through the use of certain surplus state revenue.

TX HB2743

Relating to the dedication of certain surplus state revenue for ad valorem tax relief.

TX HB985

Relating to reducing school district maintenance and operations ad valorem taxes through the use of certain surplus state revenue.

TX HB99

Relating to reducing school district maintenance and operations ad valorem taxes through the use of certain surplus state revenue.

TX HB16

Relating to reducing school district maintenance and operations ad valorem taxes through the use of certain surplus state revenue.

TX HB5

Relating to reducing school district maintenance and operations ad valorem taxes through the use of certain surplus state revenue.

TX HB1553

Relating to reducing school district maintenance and operations ad valorem taxes through the use of certain surplus state revenue.

TX HB275

Relating to reducing school district maintenance and operations ad valorem taxes through the use of certain surplus state revenue.

Similar Bills

No similar bills found.