HB 337
AN ACT relating to the dedication of surplus money in the foundation
House Bill
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
relating to the dedication of surplus money in the foundation
Subject Areas
Bill Text
relating to the dedication of surplus money in the foundation school fund to increase the basic allotment under the Foundation BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter F, Chapter 48, Education Code, is amended by adding Section 48.2722 to read as follows: Sec. 48.2722. DEDICATION OF SURPLUS FUNDS. If the amount appropriated to the foundation school fund for a state fiscal year exceeds the amount to which school districts are entitled to receive under Chapter 46 and this chapter for that fiscal year, the excess amount may be appropriated only to increase the basic allotment under Section 48.051. SECTION 2. This Act takes effect September 1, 2025.
Bill History
filed
Bill filed: AN ACT relating to the dedication of surplus money in the foundation
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