| TO: | Honorable Kent Grusendorf, Chair, House Committee on Public School Finance, Select |
| FROM: | John Keel, Director, Legislative Budget Board |
| IN RE: | HJR1 by Grusendorf (Proposing a constitutional amendment providing for funding public education, providing for school district property tax rate limitation and reduction, authorizing a school district ad valorem tax for educational program enrichment, creating the Texas education fund, dedicating certain sales and use tax revenue to funding public education, authorizing the legislature to establish a five percent limit on annual increases in the appraised value for ad valorem tax purposes of residence homesteads and other owner-occupied residential real property, and authorizing the state to operate video lottery games at racetracks and on Indian lands.), Committee Report 1st House, Substituted |
The impact of this bill on equalized funding requirements and policies affecting public education cannot be determined. Any impact is dependent on the provisions of HB1, the enabling legislation.
| Source Agencies: |
| LBB Staff: | JK, WP, UP
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