The Rainy Day Fund roadshow makes a stop in the House Appropriations Committee

The House Appropriations Committee, similar to its counterpart in the Senate, heard a number of interim charges Wednesday. Of note for public education, and for educators in particular, was an interim charge to continue to study strategies to use the Economic Stabilization Fund (ESF), also known as the “rainy day fund,” to generate additional revenue for state obligations without compromising the fund’s intended purpose. The charge instructed lawmakers to evaluate the current methodology used to set the ESF cap.

The committee heard testimony on ESF investment history, utilization, and investment practices from the Legislative Budget Board, the state comptroller, and the Texas Taxpayers and Research Association, whose executive director helped draft the legislation that brought the ESF into existence.

Read more about Comptroller Glenn Hegar’s plan to invest ESF dollars to create new revenue stream to fund state priorities and why that revenue is needed, in this previous Teach the Vote blog post.

Share Button

15 thoughts on “The Rainy Day Fund roadshow makes a stop in the House Appropriations Committee

  1. Sandeep

    Your Blog all Post information is very unique and good for reader because when i have read your blog looks very impressive for me. I want to say thanks to you.

    Reply
  2. Sports Tour

    Thank you so much for sharing these amazing tips. I must say you are an incredible writer, i love the way that you describe the things. Please keep sharing.

    Reply
  3. neeraj nayar

    Very nice blog on this website. It is really difficult to get this kind of with useful information. I am relieved I came upon this site. I will eagerly look forward to your upcoming updates.

    Reply
  4. Sachin Swant

    Thanks very nice share … I follow your site constantly … important issues … Congratulations … I entered this site by chance, but I found very interesting.

    Reply
  5. Baldev puri

    I found so many interesting stuff in your blog especially its discussion. From the tons of comments on your blog, I guess I am not the only one having all the enjoyment here! keep up the good work.

    Reply
  6. Rohit malik

    Once again feeling happy and proud to say that this is my favorite Blog. The postings are very unique and also outstanding performance with the new creativity and Excellency with the new different ideas and concepts. Really I am waiting for some more new posts from you. Keep up your Excellency and efficiency in these same levels.

    Reply
  7. Rohit malik

    The blog is absolutely fantastic. Lots of great information and inspiration, both of which we all need. Thanks for such a continuous great postings. . The blog is absolutely fantastic. Lots of great information and inspiration, both of which we all need. Thanks for such a continuous great postings.

    Reply
  8. kolaraju

    The blog very informative for job seekers, job hloders it give to the notification to the everyone and It mightbe support to you.
    <a href="\\http:www.jobdiyaapp.com//" jobdiyaapp

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *