Texas 2025 - 89th Regular

Texas House Bill HB2124

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

Caption

Relating to the establishment of a property value study hardship grant program.

Impact

Should HB 2124 be enacted, it will likely reshape the financial landscape for many Texas school districts by providing crucial financial support during the years affected by reduced funding. The grants can total up to $175 million, therefore significantly cushioning the blow for districts that would struggle otherwise. This support is expected to enhance educational resources and programs that could be impacted by funding shortages.

Summary

House Bill 2124 introduces a grant program aimed at assisting Texas school districts that face funding reductions due to state property value assessments. The bill specifically targets the 2025-2026 and 2026-2027 school years, enabling eligible districts to receive grants to offset losses in funding that would have occurred if local property value assessments were applied. This initiative is framed as a response to potential disparities in funding allocations tied to state-mandated property valuations.

Contention

While the bill proposes a pathway to mitigate funding loss, it does not extend eligibility to open-enrollment charter schools, which may raise concerns about equity among different types of educational institutions. Critics may argue that excluding these schools could lead to an uneven distribution of resources when addressing challenges faced by public versus charter schools in similar districts. Furthermore, because the awards are determined on a non-appealable basis, there may be concerns regarding fairness in the selection process for grant recipients.

Texas Constitutional Statutes Affected

Education Code

  • Chapter 48. Foundation School Program
    • Section: New Section

Government Code

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

Companion Bills

TX SB436

Identical Relating to the establishment of a property value study hardship grant program.

TX HB2121

Same As Relating to the establishment of a property value study hardship grant program.

Previously Filed As

TX HB1

Relating to primary and secondary education, including the certification, compensation, and health coverage of certain public school employees, the public school finance system, special education in public schools, the establishment of an education savings account program, measures to support the education of public school students that include certain educational grant programs, reading instruction, and early childhood education, the provision of virtual education, and public school accountability.

TX HB1

Relating to primary and secondary education, including the certification, compensation, and health coverage of certain public school employees, the public school finance system, special education in public schools, the establishment of an education savings account program, measures to support the education of public school students that include certain educational grant programs, reading instruction, and early childhood education, the provision of virtual education, and public school accountability.

TX HB100

Relating to public education and public school finance, including the rights, certification, and compensation of public school educators, contributions by a public school to the Teacher Retirement System of Texas, and an education savings account program for certain children.

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 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 SB1064

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

TX HB5173

Relating to the establishment of the small municipality revenue recovery grant program to provide financial assistance for economic development to small municipalities facing severe economic hardships.

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 HB62

Relating to providing school district property tax relief through rent-relief and through adjusting entitlements, compression, and exemptions under the public school finance system.

TX HB3336

Relating to a limitation on increases in the appraised value of commercial real property and single-family rental property for ad valorem tax purposes.

Similar Bills

No similar bills found.