Amend CSHB 2 (house committee printing) as follows:

(1) On page 20, strike lines 12 through 14, and substitute the following:

SECTION 1.17. Section 48.051, Education Code, is amended by amending Subsections (a), (c), and (c-1) and adding Subsections (a-1) and (c-3) to read as follows:

(2) On page 20, line 15, strike "For" and substitute "Subject to adjustment under Subsection (a-1), for [~~For~~]".

(3) On page 21, between lines 6 and 7, insert the following:

(a-1) Beginning with the 2026-2027 school year, the basic allotment provided to a district under Subsection (a) or (b) is adjusted annually to increase the allotment by the amount that results from applying the average annual inflation rate for the preceding five years, if that rate is greater than zero, as determined by the comptroller on the basis of changes in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics of the United States Department of Labor, to the allotment for the preceding school year.