House budget writers have removed from an emergency spending bill nearly $3.9 billion that the Senate wanted to spend on customer rate relief for costs...
Retired teachers would get a rare cost of living bump. Gov. Greg Abbott would get semiconductor funding, but not film subsidies.
House budget writers also proposed using $1.5 billion of the state’s huge revenue surplus to inaugurate the Texas Semiconductor Innovation Fund, a major priority of Gov. Greg Abbott. On identical, 23-3 votes, the appropriation committee formally approved and sent to the full House a two-year, $297.2 billion budget and a nearly $14 billion “supplemental” spending bill that would plug holes in the budget lawmakers passed in 2021. Voting against were Democratic Reps. John Bryant of Dallas, Jarvis Johnson of Houston and Trey Martinez Fischer of San Antonio.
While GOP state leaders have prioritized cutting school property taxes, he said only $5 billion of the state’s available revenue would be added to the hold-the-line budget bills filed in January.
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