The Texas Senate unanimously approved a bill restoring $1.7 billion of the education cuts levied last session. The move essentially takes the planned late payments to ISD's for 2013 (which would have moved that cost into the next fiscal year), and pays the ISD's on time.
It is not a restoration of funding, although it will save some ISD's from having to borrow money to cover expenses for the months that were going to be paid late.The House has not voted on the Senate version of this bill yet.
For more information on discussion of the bill, see this Austin Statesman news article.
To see the bill's history and read the full text of the Senate and House versions, visit the HB 10 info page.