Texas HB2125 amends the public school finance system to provide an adjustment for school districts losing revenue due to the use of state value for.

HB2125 amends the Education Code to create an adjustment for school districts that lose revenue due to the use of the state value of their taxable property. This adjustment applies to districts where the state value is used under Section 403.302(c), Government Code. The agency must determine if the district's entitlement is greater using the local value or the state value. If the local value results in a greater entitlement, the commissioner must increase state aid or adjust the local revenue limit.

Texas HB2125 amends the public school finance system to provide an adjustment for school districts losing revenue due to the use of state value for.

HB2125 amends the Education Code to create an adjustment for school districts that lose revenue due to the use of the state value of their taxable property. This adjustment applies to districts where the state value is used under Section 403.302(c), Government Code. The agency must determine if the district's entitlement is greater using the local value or the state value. If the local value results in a greater entitlement, the commissioner must increase state aid or adjust the local revenue limit.