Relating to the establishment of a property value study hardship grant program.
HB 2124 creates a grant program to help Texas public school districts offset funding losses caused by using the state's property valuation method instead of local property values for school finance calculations. For the 2025-2026 and 2026-2027 school years, eligible districts receive grants equal to the difference between what they would have received using local property values versus the state's valuation. The program prioritizes districts with the largest funding reductions, caps total annual grants at $175 million, and excludes open-enrollment charter schools. Grants are in addition to existing funding and expire September 1, 2027.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 14, 2025
Last action Mar 14, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Mar 14, 2025
Committee
Referred to Public Education
lower
Mar 14, 2025
Introduced
Read first time
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
J.M. Lozano
RRepublican
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