H.B. No. 3380 proposes amendments to the Foundation School Program in Texas, specifically addressing the basic allotment and guaranteed yield for school districts. The bill increases the basic allotment per student from $6,160 to $7,500 and introduces an annual adjustment for inflation starting in the 2026-2027 school year. This adjustment will be based on the inflation rate determined by the comptroller, using the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics. Additionally, the bill modifies the calculation of the guaranteed level of state and local funds per weighted student, ensuring that it reflects the new maximum basic allotment.

The bill also makes specific deletions from the current law, including the previous allotment amount of $6,160 and references to the greater amount provided under Section 48.051(b). These changes aim to enhance funding for school districts, ensuring that the financial support they receive keeps pace with inflation and adequately reflects the needs of students. The act is set to take effect on September 1, 2025.

Statutes affected:
Introduced: Education Code 48.051 (Education Code 48)