| House Bill 1: Texas Budget
Early on April 2nd the Texas House of Representatives passed House Bill 1 and took an important step toward finalizing a budget that will be balanced and fiscally responsible for the next two years. The Texas House budget dramatically reforms state government through increased transparency, and addresses the needs of our growing state while staying below the constitutional spending cap. HB 1 invests significant resources in public schools, boosts formula funding for higher education, invests additional general revenue in transportation, and promotes border security and public safety. Additionally, HB1 accomplishes this by limiting overall spending growth to less than what is necessary to account for population and inflation increases. Following this vote, HB 1 now heads to the Texas Senate. When the Senate passes their version, HB 1 will head to a conference committee for final approval. |
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