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 that exceed the amounts entitled to school districts.
Furthermore, the bill stipulates that these excess funds must be distributed to school districts on a per-student basis, calculated from the weighted average daily attendance of the previous school year, after accounting for necessary compliance with existing regulations. This legislation is set to take effect on September 1, 2025, reinforcing the commitment to transparency and equitable funding in Texas public education.
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