Relating to the dedication of certain federal money received for public education and the distribution to school districts of certain excess funds appropriated for the Foundation School Program.

HB 1448 requires that federal funds for K-12 education in Texas be used solely for public primary and secondary education. It mandates that if the state appropriates more money than needed for the Foundation School Program (a state school funding program), the commissioner must distribute the excess funds to school districts by September 1 each year. The distribution is calculated based on each district’s weighted average daily student attendance from the previous school year, after accounting for any required deductions. This bill directly affects all Texas public school districts by changing how unused state education funds are allocated.