AUSTIN — State Representative Brooks Landgraf (R-Odessa) filed House Bill 1077 to reduce the impact of “Robin Hood” recapture payments on mineral wealthy school districts.
“The events of the last year demonstrate how necessary HB 1077 is for school districts in the oilpatch,” Landgraf said. “Many Permian Basin school districts are still sending millions of dollars back to the state in recapture payments even after the historic drop in oil demand.”
As the state's property values have risen significantly over the past decade, the state has also seen substantial growth in the number of school districts subject to recapture under Chapters 48 and 49, Texas Education Code. At the same time, oil and gas production has provided billions of dollars in tax revenue that has gone to help provide funding for education, roads, and the state's Rainy Day Fund.
“School districts in energy-producing regions of Texas bear the brunt of the Robin Hood law,” Landgraf continued. “That’s why I filed HB 1077, to give our school districts and students a chance to keep more of what we produce.”
HB 1077 seeks to provide relief to so-called mineral wealthy school districts by reducing the recapture payment amount required of these districts by an amount proportional to the percentage of the cost of the Foundation School Program funded by amounts paid to the state by school districts subject to recapture.
Landgraf and the other members of the Texas legislature convened at the Texas Capitol building for the 87th Texas Legislative Session on January 12th, 2021. Members of the Texas House and Texas Senate meet for a 140-day regular session beginning the second Tuesday in January every odd-numbered year to vote on legislation and pass a balanced state budget.