The bill, H.B. No. 337, proposes an amendment to the Education Code by adding a new section, 48.2722, which addresses the handling 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 relevant sections of the Education Code, the excess funds must be dedicated solely to increasing the basic allotment as outlined in Section 48.051.

This legislative change aims to ensure that any surplus funds are utilized to enhance the financial support provided to school districts, thereby potentially improving educational resources and opportunities. The bill is set to take effect on September 1, 2025, allowing for a transition period for implementation.

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