Bill Text: TX SJR80 | 2025-2026 | 89th Legislature | Introduced
Bill Title: Proposing a constitutional amendment dedicating some of the interest in the permanent school fund to universal pre-kindergarten and the school safety allotment.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2025-03-25 - Referred to Finance [SJR80 Detail]
Download: Texas-2025-SJR80-Introduced.html
| By: Gutierrez | S.J.R. No. 80 | |
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| proposing a constitutional amendment dedicating some of the | ||
| interest in the permanent school fund to universal pre-kindergarten | ||
| and the school safety allotment. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Article VII, Section 5(a), of the Texas | ||
| Constitution is amended to read as follows: | ||
| Sec. 5. Sec. 5. PERMANENT SCHOOL FUND AND AVAILABLE SCHOOL | ||
| FUND: COMPOSITION, MANAGEMENT, USE, AND DISTRIBUTION. (a) The | ||
| permanent school fund consists of all land appropriated for public | ||
| schools by this constitution or the other laws of this state, other | ||
| properties belonging to the permanent school fund, and all revenue | ||
| derived from the land or other properties. The available school | ||
| fund consists of the distributions made to it from the total return | ||
| on all investment assets of the permanent school fund, the taxes | ||
| authorized by this constitution or general law to be part of the | ||
| available school fund, and appropriations made to the available | ||
| school fund by the legislature. The total amount distributed from | ||
| the permanent school fund to the available school fund: | ||
| (1) in each year of a state fiscal biennium must be an | ||
| amount that is not more than six percent of the average of the | ||
| market value of the permanent school fund, excluding real property | ||
| belonging to the fund that is managed, sold, or acquired under | ||
| Section 4 of this article, but including discretionary real assets | ||
| investments and cash in the state treasury derived from property | ||
| belonging to the fund, on the last day of each of the 16 state fiscal | ||
| quarters preceding the regular session of the legislature that | ||
| begins before that state fiscal biennium, in accordance with the | ||
| rate adopted by: | ||
| (A) a vote of two-thirds of the total membership | ||
| of the State Board of Education, taken before the regular session of | ||
| the legislature convenes; or | ||
| (B) the legislature by general law or | ||
| appropriation, if the State Board of Education does not adopt a rate | ||
| as provided by Paragraph (A) of this subdivision; and | ||
| (2) over the 10-year period consisting of the current | ||
| state fiscal year and the nine preceding state fiscal years may not | ||
| exceed the total return on all investment assets of the permanent | ||
| school fund over the same 10-year period. | ||
| (3) Fifty percent of the total amount distributed | ||
| under this subsection shall be dedicated to funding the school | ||
| safety allotment as established by general law and universal | ||
| pre-kindergarten programs in the State of Texas. | ||
| This proposed constitutional amendment shall be submitted to | ||
| the voters at an election to be held November 4, 2025. The ballot | ||
| shall be printed to permit voting for or against the proposition: | ||
| "The constitutional amendment providing for the use of the | ||
| permanent school fund to be used for school safety and universal | ||
| pre-kindergarten program." | ||
