HB 166 would prohibit Texas school districts from imposing maintenance and operations property taxes starting January 1, 2028, directly affecting all school districts and property owners in those districts. It allows districts to instead levy a new "enrichment tax" of up to $0.17 per $100 in property value, separate from state funding. The bill also creates a joint legislative committee to study alternative revenue sources, such as expanding state consumption taxes, to fulfill Texas's constitutional duty to fund public schools. This bill focuses on restructuring school funding mechanisms rather than changing existing tax rates.
HB 87 prohibits Texas school districts from authorizing new bonds if their existing debt payments (principal and interest) plus the proposed bond would exceed 18% of the district's annual budget. It specifically blocks elections for new bonds when either current debt payments alone surpass 18% of the budget or the combined total of existing and proposed debt would exceed that threshold. The bill applies only to bond elections ordered on or after its effective date (91 days after the legislative session ends), leaving pre-existing election plans governed by current law. This directly affects school districts seeking to issue new bonds for projects like facility construction or improvements.
HB 132 repeals the Texas Advanced Nuclear Energy Office, established by HB 14 in the 2025 legislative session. It directs the comptroller to transfer all funds previously allocated to this office to the Texas Education Agency. The funds will be used to reduce the state's compression percentage under the education funding formula, which lowers the amount the state must contribute to public school budgets. This change directly affects state budget allocations for public education by redirecting previously designated funds. The bill does not create new policy but modifies existing financial mechanisms.
HB 114 prohibits school districts and charter districts from having their bonds guaranteed or underwritten using money from the permanent school fund. It directly affects public school districts and charter districts by banning this specific financial mechanism for new bonds approved after September 1, 2025. Existing bonds approved before that date remain guaranteed until maturity under a grandfather clause. The bill amends the Education Code to remove language allowing such guarantees and makes technical updates to related charter school funding provisions.