This bill would potentially provide $4.85 billion in new funding, contingent on finance bill.
No change in the basic allotment. This bill would not increase the basic allotment per student. Texas has not changed the basic allotment of $6,160 per student since 2019. Thanks to inflation, today's prices are 1.23 times (23%) higher than 2019 prices.
$1 billion for school vouchers/education savings accounts designed to be used outside of public education.
Guaranteed yield on golden pennies increases. Golden pennies provide tax revenue that is not subject to recapture by the State of Texas.
$132.40 (FY 26) and $140.02 (FY 27).
$400 million for school safety ($200 million per year).
$450 million to offset premium increase for TRS.