Today, the Texas House of Representatives approved House Bill 3 by House Public Education Committee Chairman Dan Huberty, which will fundamentally transform how the state funds the public education system in Texas.
"I am extremely proud of the work by every member of the Texas House in passing this legislation. We have truly transformed the Texas public school finance system and schoolchildren in our great State will benefit from these changes for decades. I have worked toward this for a very long time and it is an honor to share this success with each member," said Representative Dan Huberty.
House Bill 3 (also referred to as the "Texas Plan") invests $11.6 billion, well above enrollment growth and current law entitlement, towards student achievement, dynamic teacher compensation, property tax relief, and reducing recapture. The bill makes school funding formulas more efficient and equitable by reorganizing public school funding and prioritizing resources toward students with the highest needs.
“With the passage of House Bill 3, our school finance system in Texas will be modernized, simplified, and more efficient so that we can invest the best resources in our classrooms,” stated Chairman Dustin Burrows. “This legislation will make meaningful improvements in the lives of the children that our public education system serves.”
The top priorities for the Texas Legislature this session, this legislation works in tandem with House Bill 1 and Senate Bill 2 to reform school finance, provide property tax relief, and deliver property tax reform. Through House Bill 3 and House Bill 1, $5 billion has been dedicated to property tax relief and school district property taxes are lowered by an average of eight cents statewide.
The Texas House Republican Caucus is comprised of all Republican Members serving in the Texas House of Representatives. The purpose of the Caucus is to provide research, education, policy development and other support to the Caucus Members and their staff.
The Texas House Republican Caucus works to promote limited government, fiscal responsibility and personal liberty to continue cultivating economic growth for all Texans.