House Bill 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, with 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 previous references to the $6,160 amount are deleted, and the new language emphasizes the updated allotment figures. The changes aim to provide more financial support to school districts, thereby enhancing educational funding in Texas. The bill is set to take effect on September 1, 2025.

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