Texas lawmakers pass school finance plan, including teacher raises, property tax cuts
AUSTIN -- Texas lawmakers sent one of the governor’s top priorities to his desk Saturday: a sweeping school finance bill that puts more money in the hands of school districts locally and across the state.
House and Senate unanimously approved House Bill 3, also referred to as the “Texas Plan,” calling it key legislation that includes $6.5 billion more for public education and $5.1 billion for tax cuts.
“We have truly transformed the Texas public school finance system, and schoolchildren in our great state will benefit from these changes for decades,” said state Rep. Dan Huberty, R-Houston, and chairman of the House Public Education Committee.
“By doing this we will prepare them for a lifetime of prosperity. But it’s not just for the students of today. It’s for their kids and their descendants,” echoed Sen. Larry Taylor, R-Friendswood, and chairman of the Senate Education Committee.
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