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.
HB 134 establishes a program providing eligible Texas teachers with an annual $1,000 grant to purchase classroom supplies. To qualify, teachers must be certified, employed by a public school or charter school, and teach at least four hours daily in an academic or career/tech instructional setting. The funds can be used for classroom supplies at their school, with unused balances rolling over for future supplies or professional development costs. Teachers must retain receipts for two years, and the program begins in the 2026-2027 school year.