Subscribe to receive our Floor Reports covering all the action on the Texas House and Senate floor!
Relating to the public school finance system and public education.
Estimated Two-year Net Impact to General Revenue Related Funds for HB1525, Committee Report 2nd House, Substituted: a negative impact of ($266,904,005) through the biennium ending August 31, 2023.
CSHB 1525 is an omnibus bill making numerous changes to Education Code. Some of the provisions of the bill are beneficial, including Section 3 which removes a teacher certification requirement for a classroom teacher to receive a designation as a master, exemplary, or recognized teacher for certain purposes. Another beneficial provision of the bill is Section 11 which would bring some accountability to school districts that levy maintenance taxes to create a surplus in maintenance tax revenue for the purpose of paying the district's tax revenue.
However, the main thrust of CSHB 1525, which drives the significant fiscal note, is to adjust formula funding for certain programs including the Fast Growth Allotment and the Career and Technology Allotment, make adjustments for districts subject to recapture, provide salary increases for regional education service center staff, and to cap the formula transition grant at $400 million.
Texas Action is neutral on CSHB 1525.