The bill, S.B. No. 1636, aims to amend the Education Code by adding a new section that prohibits school districts in Texas from using revenue generated from their interest and sinking tax for the purpose of paying for deferred maintenance. This new provision, designated as Section 45.116, explicitly states that such funds cannot be allocated for maintenance that has been postponed.

The legislation is set to take effect on September 1, 2025, thereby providing school districts with a clear guideline regarding the use of interest and sinking tax revenue. This change is intended to ensure that funds are utilized appropriately and that deferred maintenance does not compromise the financial integrity of school districts.

Statutes affected:
Introduced: ()