Amend CSHB 100 (house committee report) as follows:
(1) On page 31, lines 24 and 25, strike "and 48.280" and substitute "48.280, and 48.284".
(2) Add the following appropriately numbered SECTION to Article 1 of the bill and renumber subsequent SECTIONS of that article accordingly:
SECTION 1.____. Subchapter F, Chapter 48, Education Code, is amended by adding Section 48.284 to read as follows:
Sec. 48.284. PROPERTY VALUE STUDY HARDSHIP GRANTS. (a) For the 2023-2024 and 2024-2025 school years, from money appropriated for purposes of this section, the commissioner may administer a grant program to provide grants to eligible school districts to offset a reduction in the district's funding under the Foundation School Program resulting from the use of the state value for the district's taxable value of property as provided by Section 403.302(c), Government Code, for the 2022 and 2023 tax years.
(b) The amount of a grant awarded under this section is the difference, if that difference is greater than zero, between:
(1) the funding the school district would have received under Chapter 46, this chapter, and Chapter 49 for the applicable school year if the local value for the district's taxable value of property was used for the applicable tax year; and
(2) the funding to which the district is entitled under Chapter 46, this chapter, and Chapter 49 for the applicable school year.
(c) An open-enrollment charter school is not eligible to receive a grant under this section.
(d) Funding provided to a school district under this section is in addition to all other funding provided under Chapter 46, this chapter, and Chapter 49.
(e) The commissioner may require a school district to submit, or request from a state agency or a political subdivision of this state, additional information as needed to make a determination under this section.
(f) The total amount of grants awarded under this section for a school year may not exceed $175 million.
(g) In awarding grants under this section, the commissioner shall prioritize school districts experiencing the greatest percentage reduction in funding described by Subsection (a).
(h) The commissioner may not adjust the amount of a grant awarded under this section based on data revisions received after the grant has been awarded.
(i) A determination by the commissioner under this section is final and may not be appealed.
(j) This section expires September 1, 2025.