HB4603 — 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 and providing compensation for teachers, counselors, and librarians employed in public schools.

HB4603 — 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 and providing compensation for teachers, counselors, and librarians employed in public schools. · Informed CitizenryThe bill amends Section 403.109 of the Government Code by adding Subsections (e) and (f). Subsection (e) directs the comptroller to allocate an amount equal to one-half of the unencumbered positive…Open in Informed Citizenry