Relating to the allocation and deposit of certain surplus state revenue to the property tax relief fund for use in reducing school district maintenance and operations ad valorem taxes.

HB 156 requires Texas to deposit half of any surplus general state revenue (when actual revenue exceeds the biennial estimate) into the property tax relief fund. This fund will be used exclusively by the Texas Education Agency to reduce school district property taxes through lowering the "state compression percentage" under education law. The bill directly affects school districts by providing a mechanism to lower maintenance and operations property tax rates. It takes effect for the 2027-2028 state fiscal biennium.