Relating to the basic allotment and guaranteed yield under the Foundation School Program, including an adjustment in those amounts to reflect inflation.

HB 3380 adjusts Texas school funding under the Foundation School Program to account for inflation. It requires annual increases to the basic per-student allotment (currently $6,160) starting in the 2026-2027 school year, based on the Consumer Price Index for All Urban Consumers. This change directly affects school districts receiving state funding through the program, ensuring their base funding grows with inflation. The adjustment applies to the "basic allotment" amount, not other funding components, and uses the standard Bureau of Labor Statistics inflation measure. The bill takes effect September 1, 2025, with the first inflation-adjusted funding applying for the 2026-2027 school year.