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Committee adopts substitute revising ESF financing language after Comptroller input on TWIA provisions
3446493 · May 22, 2025
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Summary
A committee substitute to House Bill 36 89 replaced references to loans or debt obligations with 'financing arrangement' or 'investment agreement' and added clauses to protect ESF balances, after input from the Comptroller's office.
Senator Kolkhorst explained the committee substitute to House Bill 36 89, legislation concerning the use of the Economic Stabilization Fund (ESF) and financing arrangements to support the Texas Windstorm Insurance Association (TWIA) and other financing needs. She said the substitute makes technical changes requested by…
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