AUSTIN – Governor Greg Abbott will be joined by members of the Texas legislature, superintendents, teachers, and stakeholders to host a bill signing ceremony on Tuesday, June 11th at Parmer Lane Elementary School. The Governor will sign House Bill 3, which will reform school finance, reduce property taxes, and increase teacher pay.
House Bill 3 (Huberty/Taylor) dedicates more state funding for schools, creates an incentive pay program for teachers, adds career, college, and military readiness bonuses for school districts, funds full-day prekindergarten for students in poverty, and requires all elementary school principals and teachers in kindergarten through third grade be trained on science-based reading instruction by 2021. The bill also creates a student-focused formula structure, where the needs of a child – not the child’s zip code – will determine funding allocations. Additionally, the bill buys down property tax rates and places a 2.5% property tax cap on school districts starting in 2021.
