The bill amends the Education Code to adjust the components of a school district's enrichment tax rate and the calculation of the guaranteed yield under the Foundation School Program. Specifically, it increases the maximum allowable additional maintenance and operations tax effort from eight cents to ten cents over the maximum tax rate. This change is reflected in the amendment to Section 45.0032(b), which outlines the structure of the enrichment tax rate.

Additionally, the bill modifies the calculation of the guaranteed level of state and local funds per weighted student per cent of tax effort. The amendment to Section 48.202(a-1) specifies that the guaranteed level (GL) will now be calculated based on ten cents instead of eight cents for the maintenance and operations tax rate that exceeds the district's tier one tax rate. The bill is set to take effect on September 1, 2025.

Statutes affected:
Introduced: Education Code 45.0032 (Education Code 45)