Texas Education Agency: Recapture Formula Changes and Reductions Under House Bill 3
July 25, 2019
July 25, 2019
AUSTIN, Texas, July 25 -- The Texas Education Agency issued the following document from Leo Lopez, associate commissioner for school finance:
House Bill (HB) 3 was passed by the 86th Legislature, 2019, and signed into law by Governor Abbott on June 11, 2019. As a result of HB 3, recapture was reduced by a variety of methods and is projected to be reduced over prior law by $3.6 billion in the next biennium.
Today, the agency released a HB 3 in 30 Recapture webinar provid . . .
House Bill (HB) 3 was passed by the 86th Legislature, 2019, and signed into law by Governor Abbott on June 11, 2019. As a result of HB 3, recapture was reduced by a variety of methods and is projected to be reduced over prior law by $3.6 billion in the next biennium.
Today, the agency released a HB 3 in 30 Recapture webinar provid . . .