The bill, H.B. No. 1448, proposes amendments to the Education Code of Texas regarding the allocation of federal funds for public education and the distribution of excess funds from the Foundation School Program. It introduces a new section, 1.008, which mandates that any federal money received for public primary and secondary education must be appropriated solely 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 and distribute any excess funds appropriated for the Foundation School Program to school districts based on the number of students in weighted average daily attendance.

The bill stipulates that the distribution of excess funds must occur no later than September 1 of the year following the school year in which the excess was determined. The distribution will be equal per student, after accounting for any necessary compliance with existing regulations. This legislation aims to ensure that federal funds are used appropriately for educational purposes and that school districts receive their fair share of any excess state funding. The bill is set to take effect on September 1, 2025.

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