TO: | Honorable Rob Eissler, Chair, House Committee on Public Education |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB1792 by King, Tracy (Relating to the limitation on the rate of school district enrichment taxes eligible for equalization under the foundation school program.), As Introduced |
The impact of this bill on equalized funding requirements and policies affecting public education will depend upon local actions with regard to tax effort. The bill would repeal a current law limitation on the amount of tax effort that may be equalized under the enrichment tier of the Foundation School Program. To the extent that school districts opt to expand tax effort to levels that exceed the current law limit, additional local revenue may be equalized under Tier II of the Foundation School Program.
Source Agencies: |
LBB Staff: | JOB, UP, JSp
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