SB 436

relating to the establishment of a property value study hardship
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
(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
(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
(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.