Overview

• The Texas House gave final approval to House Bill 2 on a 122-13 vote, sending $8.5 billion in new public school funding to Gov. Greg Abbott.
• The package dedicates $4.2 billion to a teacher retention allotment that boosts salaries by up to $8,000 in small districts and up to $5,000 in larger ones.
• Lawmakers overhauled special education financing to deliver resources based on individual student needs and expanded incentives for high-performing educators.
• Districts will see a $55 increase in their basic per-student allotment plus $106 per student for transportation, utilities and other operational expenses.
• This marks the first major public school funding increase since 2019 and complements a recently enacted $1 billion private school voucher program.