Texas Governor Greg Abbott signed into law Tuesday landmark legislation to reform Texas’ long-beleaguered school finance system.
The key provisions of House Bill 3 are increased teacher pay and property tax relief. In addition, the bill put an end to “Robin Hood” payments, which required districts with high property values to send money to the state to redistribute to districts with low property values. The law allocates $4.2 billion for teacher incentives. It provides funding for school districts that move to a merit based pay system and also prioritizes spending on incentives for teachers in high-needs and rural school districts.
