H.B. No. 1448 proposes amendments to the Texas Education Code aimed at ensuring the proper allocation of federal funds for public education and the distribution of excess funds from the Foundation School Program. The bill introduces a new section, 1.008, which mandates that any federal money received for public primary and secondary education must be exclusively used for related educational purposes within the state. Additionally, it adds Section 48.284, which requires the commissioner of education to notify the Legislative Budget Board of any excess funds appropriated for the Foundation School Program and to distribute these excess funds to school districts based on student attendance figures.

The bill emphasizes accountability in the use of federal funds and aims to ensure that school districts receive their fair share of excess appropriations. The distribution of excess funds must occur by September 1 of the year following the school year in which the excess was identified, with the funds allocated equally per student based on weighted average daily attendance. This legislation is set to take effect on September 1, 2025.

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