By: Bryant	H.B. No. 62

	A BILL TO BE ENTITLED
	AN ACT
	relating to providing school district property tax relief through
	rent-relief and through adjusting entitlements, compression, and
	exemptions under the public school finance system.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	ARTICLE 1. PUBLIC SCHOOL FINANCE SYSTEM
	SECTION 1.01.  Section 48.051(a), Education Code, is amended
	to read as follows:
	(a)  For each student in average daily attendance, not
	including the time students spend each day in special education
	programs in an instructional arrangement other than mainstream or
	career and technology education programs, for which an additional
	allotment is made under Subchapter C, a district is entitled to an
	allotment equal to the lesser of $7,160 [$6,160] or the amount that
	results from the following formula:
	A = $7,160 [$6,160] X TR/MCR
	where:
	"A" is the allotment to which a district is entitled;
	"TR" is the district's tier one maintenance and operations
	tax rate, as provided by Section 45.0032; and
	"MCR" is the district's maximum compressed tax rate, as
	determined under Section 48.2551.
	SECTION 1.02.  Effective September 1, 2025, Section 48.051,
	Education Code, is amended by adding Subsection (a-1) to read as
	follows:
	(a-1)  Notwithstanding Subsection (a), for the second year
	of each state fiscal biennium, the commissioner shall adjust the
	basic allotment provided under Subsection (a) or (b) for the
	preceding state fiscal year by a factor equal to the average annual
	percentage increase, if any, in the Texas Consumer Price Index for
	the preceding 10 years.
	SECTION 1.03.  Subchapter F, Chapter 48, Education Code, is
	amended by adding Sections 48.2555 and 48.283 to read as follows:
	Sec. 48.2555.  MAXIMUM COMPRESSED TAX RATE FOR 2023-2024
	SCHOOL YEAR. (a) Notwithstanding any other provision of this title
	or Chapter 26, Tax Code, for the 2023-2024 school year the
	commissioner shall calculate the value of a school district's
	maximum compressed tax rate by determining the district's maximum
	compressed rate under Section 48.2551 or 48.2552(b), if applicable,
	and reducing the tax rate determined under the applicable section
	by $0.06.
	(b)  If a school district's maximum compressed tax rate as
	calculated under Subsection (a) would be less than 90 percent of
	another school district's maximum compressed tax rate under
	Subsection (a), the district's maximum compressed tax rate is the
	value at which the district's maximum compressed tax rate would be
	equal to 90 percent of the other district's maximum compressed tax
	rate.
	(c)  Notwithstanding any other provision of this title or
	Chapter 26, Tax Code, for purposes of determining funding for
	school districts for the 2023-2024 school year, a reference in any
	of the following provisions of law to a school district's maximum
	compressed tax rate or maximum compressed rate as determined under
	Section 48.2551 means the maximum compressed tax rate determined
	for the district under this section:
	(1)  Section 13.054(f);
	(2)  Section 45.003(d);
	(3)  Section 45.0032(a);
	(4)  Section 48.051(a);
	(5)  Sections 48.2553(a) and (e);
	(6)  Section 48.2556; and
	(7)  Section 26.08(n), Tax Code.
	(d)  For purposes of Section 30.003(f-1), a reference in that
	section to Section 48.2551 includes this section.
	(e)  Notwithstanding any other provision of this title, for
	purposes of determining a school district's maximum compressed tax
	rate under Section 48.2551 for the 2024-2025 school year, the value
	of the district's "PYMCR" is the maximum compressed tax rate
	determined for the district under this section for the preceding
	school year.
	(f)  This section expires September 1, 2025.
	Sec. 48.283.  ADDITIONAL STATE AID FOR CERTAIN DISTRICTS
	IMPACTED BY COMPRESSION. (a) For the 2023-2024 and 2024-2025
	school years, a school district that received an adjustment under
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