Texas HB351 amends the Foundation School Program to adjust the basic allotment for school districts annually based on inflation.

Texas HB351 modifies the Foundation School Program by adjusting the basic allotment for school districts annually starting from the 2026-2027 school year. The allotment increases by the lesser of three percent of the previous year's allotment or the inflation rate, as determined by the Consumer Price Index. If the inflation rate is negative, it is set to zero. The legislature may adjust the allotment in the General Appropriations Act, but it must not be less than the amount provided under the current allotment.

Texas HB351 amends the Foundation School Program to adjust the basic allotment for school districts annually based on inflation.

Texas HB351 modifies the Foundation School Program by adjusting the basic allotment for school districts annually starting from the 2026-2027 school year. The allotment increases by the lesser of three percent of the previous year's allotment or the inflation rate, as determined by the Consumer Price Index. If the inflation rate is negative, it is set to zero. The legislature may adjust the allotment in the General Appropriations Act, but it must not be less than the amount provided under the current allotment.