Mike Schofield, Texas State Representative of 132nd District (R) | https://www.facebook.com/SchofieldForTexas/
Mike Schofield, Texas State Representative of 132nd District (R) | https://www.facebook.com/SchofieldForTexas/
More specifically, the official text was summarized by the state legislature as ’’Relating to the provision of funding under the public school finance system on the basis of property values that take into account optional homestead exemptions’’.
The following is our breakdown, based on the actual bill text, and may include interpretation to clarify its provisions.
This bill amends the Education Code and the Government Code regarding the calculation of property values for funding under the Texas public school finance system, specifically incorporating optional homestead exemptions. Excess state funds, up to $20 million per fiscal year, can be used for educational grants if certain conditions are met. The bill defines "taxable value" as the market value of all taxable property minus specific exemptions, such as homestead exemptions and tax increment financing. Modifications to these codes apply only to school district property value studies conducted for tax years beginning on or after Jan. 1, 2026. The act is effective Sept. 1, 2025.
Mike Schofield, member of the House Committee on Judiciary & Civil Jurisprudence, proposed another two bills during the 89(R) legislative session.
Schofield graduated from Rutgers University with a BS and again from Louisiana State University with a JD.
Mike Schofield is currently serving in the Texas State House, representing the state's 132nd House district. He replaced previous state representative Gina Calanni in 2021.
Bills in Texas go through a multi-step legislative process, including committee review, debates, and votes in both chambers before reaching a final decision. Each session, there are typically thousands of bills introduced, but only a portion successfully navigate the process to become law.
You can read more about the bills and other measures here.
| Bill Number | Date Introduced | Short Description |
|---|---|---|
| HB 455 | 02/28/2025 | Relating to the establishment of a limitation on the total amount of ad valorem taxes that certain taxing units may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses |
| HB 209 | 02/27/2025 | Relating to the separation of federal elections from state and local elections, and to related practices and procedures |
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