Governor Abbott signs school finance, teacher pay, and property tax relief lawChristian Fernsby ▼ |
America Governor Greg Abbott
Governor Greg Abbott signed into law landmark legislation to reform school finance, increase teacher pay, and provide property tax relief.
House Bill 3 (Huberty/Taylor) 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 by an average of 8 cents in 2020 and implements a 2.5% property tax cap starting in 2021, which will result in an average tax rate reduction of 13 cents this biennium.
Additionally, the signing ceremony was attended by Senators Jane Nelson, Royce West, Kirk Watson, and Donna Campbell, as well as Representatives Alma Allen, Diego Bernal, Ken King, John Zerwas, Trent Ashby, and Mary Gonzalez. ■
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