Texas 2025 - 89th 2nd C.S.

Texas House Bill HB39

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

Caption

Relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions.

Impact

If enacted, HB39 could significantly influence state laws regarding the public school finance system by changing how property values are factored into funding calculations. By accounting for optional homestead exemptions, the bill is designed to promote fairness and alleviate disparities in education funding. This change could lead to increased resources for schools in lower-income areas, enhancing educational opportunities for students in those regions. The implications of this bill may also extend to local property tax structures, as adjustments to the funding model could affect tax rates and revenue allocations at local levels.

Summary

House Bill 39 aims to adjust the funding mechanism for public schools by modifying the criteria based on property values that account for optional homestead exemptions. The bill seeks to create a more equitable funding system within the public education framework, ensuring that the financial resources allocated to schools are reflective of community property values and the impact of homestead exemptions. Supporters of HB39 argue that this change will help to balance the distribution of educational funds across various districts, particularly benefiting areas with lower property values that currently receive less financial support due to the existing funding structure.

Contention

Notable points of contention surrounding HB39 include debates on equity versus funding adequacy. Critics of the bill have voiced concerns that modifying the funding structure based on property values may inadvertently lead to increased property taxes for homeowners, particularly in areas not currently benefiting from the homestead exemption provisions. Additionally, there is apprehension over whether the changes would truly achieve the desired equity in funding or if they would favor certain districts over others, ultimately causing further divides in educational quality and resources across the state. Stakeholders in the education sector and local governments are closely monitoring these discussions, as their implications have far-reaching effects on the public education landscape.

Texas Constitutional Statutes Affected

Education Code

  • Chapter 7. State Organization
    • Section: New Section

Government Code

  • Chapter 403. Comptroller Of Public Accounts
    • Section: 302

Tax Code

  • Chapter 11. Taxable Property And Exemptions
    • Section: New Section
    • Section: 251
    • Section: 253
  • Chapter 23. Appraisal Methods And Procedures
    • Section: New Section

Companion Bills

No companion bills found.

Previously Filed As

TX HB1153

Relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions.

TX HB152

Relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions.

TX HB558

Relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions.

TX SB2644

Relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions.

TX HB55

Relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions.

TX SB2

Relating to providing property tax relief through the public school finance system, exemptions, limitations on appraisals and taxes, and property tax administration; authorizing the imposition of a fee.

TX SB3

Relating to providing property tax relief through the public school finance system, exemptions, limitations on appraisals and taxes, and property tax administration.

TX HB2

Relating to providing property tax relief through the public school finance system and property tax appraisal and administration.

TX HB2

Relating to providing property tax relief through the public school finance system, exemptions, limitations on appraisals and taxes, and property tax administration; authorizing the imposition of a fee.

TX SB479

Relating to the school district property value study conducted by the comptroller of public accounts.

Similar Bills

TX SB42

Relating to the calculation of certain ad valorem tax rates of a taxing unit for a year in which a property owner provides notice that the owner intends to appeal an order of an appraisal review board determining a protest by the owner regarding the appraisal of the owner's property.

TX HB1153

Relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions.

TX HB152

Relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions.

TX HB558

Relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions.

TX SB2644

Relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions.

TX HB55

Relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions.

TX HB266

Relating to a local option exemption from ad valorem taxation by a school district of all or part of the appraised value of the residence homesteads of certain individuals who are employed by the district.

TX SB634

Relating to the authority of the governing body of a taxing unit to adopt an exemption from ad valorem taxation of a portion, expressed as a dollar amount, of the appraised value of an individual's residence homestead.