HB 2782
AN ACT relating to instructional facilities funding for certain
89th Regular Session
Jan 14, 2025 - Jun 2, 2025 • Session ended
Awaiting Committee Assignment
Bill filed, pending referral to House committee
Committee
Not yet assigned
Fiscal Note
Not available
What This Bill Does
Modifies instructional facilities funding for open-enrollment charter schools, allowing charter holders to receive state and local funds based on a guaranteed level of funding per student in average daily attendance. The change removes previous limitations on funding calculations, potentially increasing financial support for charter schools' facility needs. The new funding mechanism will take effect on September 1, 2025, potentially providing more financial resources for charter school infrastructure and facilities.
Subject Areas
Bill Text
relating to instructional facilities funding for certain open-enrollment charter schools. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 12.106(d), Education Code, is amended to (d) Subject to Subsection (e), in addition to other amounts provided by this section, a charter holder is entitled to receive, for the open-enrollment charter school, funding per student in average daily attendance in an amount equal to the guaranteed level of state and local funds per student per cent of tax effort under Section 46.032(a) multiplied by [the lesser of: [(1)] the state average interest and sinking fund tax rate imposed by school districts for the current year[; or [(2) a rate that would result in a total amount to which charter schools are entitled under this subsection for the current year equal to $60 million]. SECTION 2. This Act takes effect September 1, 2025.
Bill History
Bill filed: AN ACT relating to instructional facilities funding for certain
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