School Funding Bill With $5,000 Teacher Pay Raise Clears Texas Senate, Inches Toward Governor's Desk

The Texas Senate on Monday voted out sweeping school-funding legislation that would give every teacher in Texas a $5,000 raise while cutting property taxes for home and business owners.

The Senate action means both chambers of the Legislature have passed versions of a bill to dedicate at least $9 billion of new money toward improving schools and delivering tax relief over the next two years. Significantly, it also means the Legislature and top elected leaders are on the cusp of fulfilling a key promise made to taxpayers during election season to overhaul the way Texas public education is funded.

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