House Bill 1 would make an educational savings account program available to 25,000 Texas students in its first year, with increased participation to follow.
The House Republican leading efforts on ”school choice” legislation submitted his version of a voucher proposal Thursday night, calling for boosts to public education in exchange for implementing a capped savings account program., R-Killeen, would give parents 75% of the state’s basic allotment per student, which is currently $6,160 and has not increased since 2019.
To address calls to improve teacher compensation, educators would receive a one-time $4,000 bonus. Additionally, school districts would be required to spend 50% of the additional state funding, stemming from the allotment increases, on salaries for full-time employees, excluding administrators. Students with disabilities from low-income families would be prioritized in Buckley’s legislation, though no specific limits were imposed on how many students from each income bracket can participate in the program — unlike the Senate’s version., R-Conroe, that would allow families to access nearly twice the amount of taxpayer money proposed in the House to pay for private schools and other educational expenses such as uniforms, textbooks, tutoring or transportation.
Critics say that when students leave public schools, districts lose money because state funding is tied to student attendance. They argue the money for educational savings accounts should be invested in public schools.
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