Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
LBB: House Bill 1 introduced, tax‑spending limit now controlling constraint
Summary
Legislative Budget Board staff briefed the Appropriations Committee on House Bill 1 (the introduced General Appropriations bill) and three constitutional and statutory spending limits; staff said the tax‑spending limit is the controlling limit for 2026–27 and identified capacity under three limits.
Aaron Hendrickson and Kevin Cavanaugh of the Legislative Budget Board gave the committee a high‑level tour of House Bill 1 as introduced and explained how constitutional and statutory spending limits shape how much the Legislature can appropriate.
Hendrickson summarized funding in HB1 across budget articles, highlighting contingencies included in the introduced bill and several cross‑article priorities. Key points included full funding of the Foundation School Program and contingency funds for public education (including $4.85 billion of contingent education funding and $1.0 billion for an education savings account contingency), $5.0 billion for the Texas Energy Fund, and roughly $36.2 billion for highway planning,…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
