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 |
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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. |