Bill Text: TX SB436 | 2025-2026 | 89th Legislature | Introduced


Bill Title: Relating to the establishment of a property value study hardship grant program.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-11-21 - Filed [SB436 Detail]

Download: Texas-2025-SB436-Introduced.html
  89R664 PRL-F
 
  By: Hinojosa, Adam 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.
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