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For the 10 years of the tax benefit period, reduced local school district revenues are substantially replaced with state funds through the state public school finance system. [4] The Texas Tax Code gives the Texas Comptroller's office responsibility and authority to adopt rules necessary for the implementation and administration of the program. [5]
The Robin Hood Plan is a colloquialism given to a provision of Texas Senate Bill 7 (73rd Texas Legislature) (the provision is officially referred to as "recapture"), originally enacted by the U.S. state of Texas in 1993 (and revised frequently since then) to provide equity of school financing within all school districts in the state of Texas.
The Texas Permanent School Fund is a sovereign wealth fund which serves to provide revenues for funding of public primary and secondary education in the US state of Texas. [2] Its assets include many publicly owned lands within Texas and various other investments; as of the end of fiscal 2020 (August 31), the fund had an endowment of $48.3 ...
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A notable difference between the plan proposed Thursday and other legislation is that the 38% of Texans who rent are being offered a slice of tax relief. Texas House Democrats unveil $20.9 billion ...
In the United States, scholarship tax credits, also called tax credit scholarships, education tax credits or tuition tax credits, are a form of school choice that allows individuals or corporations to receive a tax credit from state taxes against donations made to non-profit organizations that grant private school scholarships. At the start of ...
Since 2021, more 1.1 million people have been removed from Texas voter rolls, including 6,500 flagged as “potential noncitizens,” according to state officials.
Residents living in the Midway ISD zone are served by a single high school, two middle schools, and eight elementary schools, following re-alignment for the 2022-23 school year. Two schools previously serving 5th and 6th graders as Intermediate Schools were reconfigured as a new Middle School and new Elementary School, respectively, in addition ...