Texas 2025 - 89th Regular

Texas Senate Bill SB436 Latest Draft

Bill / Introduced Version Filed 11/21/2024

Download
.pdf .doc .html
                            89R664 PRL-F
 By: Hinojosa of Hidalgo S.B. No. 436




 A BILL TO BE ENTITLED
 AN ACT
 relating to the establishment of a property value study hardship
 grant program.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Subchapter F, Chapter 48, Education Code, is
 amended by adding Section 48.282 to read as follows:
 Sec. 48.282.  PROPERTY VALUE STUDY HARDSHIP GRANTS. (a) For
 the 2025-2026 and 2026-2027 school years, from money appropriated
 for purposes of this section, the commissioner may administer a
 grant program to provide grants to eligible school districts to
 offset a reduction in the district's funding under the Foundation
 School Program resulting from the use of the state value for the
 district's taxable value of property as provided by Section
 403.302(c), Government Code, for the 2024 and 2025 tax years.
 (b)  The amount of a grant awarded under this section is the
 difference, if that difference is greater than zero, between:
 (1)  the funding the school district would have
 received under Chapter 46, this chapter, and Chapter 49 for the
 applicable school year if the local value for the district's
 taxable value of property was used for the applicable tax year; and
 (2)  the funding to which the district is entitled
 under Chapter 46, this chapter, and Chapter 49 for the applicable
 school year.
 (c)  An open-enrollment charter school is not eligible to
 receive a grant under this section.
 (d)  Funding provided to a school district under this section
 is in addition to all other funding provided under Chapter 46, this
 chapter, and Chapter 49.
 (e)  The commissioner may require a school district to
 submit, or request from a state agency or a political subdivision of
 this state, additional information as needed to make a
 determination under this section.
 (f)  The total amount of grants awarded under this section
 for a school year may not exceed $175 million.
 (g)  In awarding grants under this section, the commissioner
 shall prioritize school districts experiencing the greatest
 percentage reduction in funding described by Subsection (a).
 (h)  The commissioner may not adjust the amount of a grant
 awarded under this section based on data revisions received after
 the grant has been awarded.
 (i)  A determination by the commissioner under this section
 is final and may not be appealed.
 (j)  This section expires September 1, 2027.
 SECTION 2.  This Act takes effect September 1, 2025.