Relating to a temporary reduction in the maximum compressed tax rate of a school district; making an appropriation.

HB 120 temporarily lowers the maximum tax rate school districts can charge for the 2026-2027 school year by using federal border security funds. It requires the commissioner to reduce each district's tax rate calculation by an equal amount, with a minimum rate set at 90% of the highest district's rate. The bill applies to all Texas public school districts and expires September 1, 2028, with funding coming from federal reimbursements under the One Big Beautiful Bill Act.