The bill, H.B. No. 337, proposes an amendment to the Education Code by adding a new section, 48.2722, which addresses the management of surplus funds in the foundation school fund. Specifically, it stipulates that if the amount appropriated to the foundation school fund for a state fiscal year exceeds the entitlements of school districts under Chapter 46 and the current chapter, the excess funds must be allocated exclusively to increase the basic allotment as outlined in Section 48.051.

This legislative change aims to ensure that any surplus funds are dedicated to enhancing the financial resources available to school districts, thereby potentially improving educational funding. The bill is set to take effect on September 1, 2025, should it be enacted.

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