Texas legislation · 89th Legislature 2nd Special Session
Texas HB39: Relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions.
Status: Introduced, August 15, 2025
What the bill says
An act relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions.
From the introduced text, August 15, 2025:
A BILL TO BE ENTITLED AN ACT relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 7.062(c), Education Code, is amended to read as follows: (c) Except as otherwise provided by this subsection, if the commissioner certifies that the amount appropriated for a state fiscal year for purposes of Subchapters A and B, Chapter 46, exceeds the amount to which school districts are entitled under those subchapters for that year, the commissioner shall use the excess funds, in an amount not to exceed $20 million in any state fiscal year, for the purpose of making grants under this section. The use of excess funds under this subsection has priority over any provision of Chapter 48 that permits or directs the use of excess foundation school program funds, including Sections 48.258[[DELETED: , ] [DELETED: 48.259,]] and 48.267. The commissioner is required to use excess funds as provided by this subsection only if the commissioner is not required to reduce the total amount of state funds allocated to school districts under Section 48.266(f). SECTION 2. Section 403.302(d), Government Code, as effective until January 1, 2027, is amended to read as follows: (d) …
Sponsors
- Mike Schofield (R, HD-132) · primary sponsor
Latest actions
- : Filed
Subjects: Taxation--Property-Appraisals & Appraisal Districts, REINVESTMENT ZONES, EDUCATION, COMMISSIONER OF, Education--Primary & Secondary--Finance, Taxation--School District, Property Interests--Homestead, Taxation--Property-Exemptions
Common questions
- What is HB39?
- HB39 is a bill in the Texas Legislature (89th Legislature 2nd Special Session): Relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions.
- What does HB39 do?
- In its own words: An act relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions.
- What is the status of HB39?
- Introduced as of August 15, 2025. Latest action: Filed (August 15, 2025).
- Who sponsored HB39?
- Mike Schofield (R, HD-132).
- Where is the official record for HB39?
- On the Texas Legislature website: https://capitol.texas.gov/BillLookup/History.aspx?LegSess=892&Bill=HB00039
Source: official Texas record. Tracked by Delilah, AI for legislation across all 50 states and Congress.