Economic stabilization fund texas
WebNov 29, 2024 · (AUSTIN) — Texas Comptroller Glenn Hegar announced today he has completed the transfer of about $7.3 billion into the State Highway Fund (SHF) and the … WebFeb 28, 2011 · The net cash balance of the Economic Stabilization Fund is provided in the Texas Comptroller's Texas Annual Cash Report. In Fiscal Year 2010, 0599 Economic Stabilization Fund had a net cash balance of $7,692,582,232.16. The amount in the Economic Stabilization Fund is capped at 10 percent of the total deposits made in the …
Economic stabilization fund texas
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WebSeverance Tax Transfer to the Economic Stabilization Fund (ESF) and State Highway Fund (SHF) Severance Tax Transfer to the Economic Stabilization Fund (ESF) and … Weband State Highway Fund State Highway Fund1 Economic Stabilization Fund2 General Revenue Fund Preset Collection Threshold3 50% 50% 1. Actual amounts deposited in the State Highway Fund may vary based on the minimum balance of the Economic Stabilization Fund set by the Legislature 2. Economic Stabilization Fund is also …
WebAustin, Texas : FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION : April 12, 2024: TO: Honorable Joan Huffman, Chair, Senate Committee on Finance : ... There would be a corresponding gain to General Revenue and loss to the Economic Stabilization Fund, as less severance tax revenue would be transferred between the funds. WebFeb 28, 2011 · In Fiscal Year 2010, 0599 Economic Stabilization Fund had a net cash balance of $7,692,582,232.16. The amount in the Economic Stabilization Fund is …
WebThe proposed amendment would appropriate from the Economic Stabilization Fund to the Comptroller, for deposit to the credit of the Texas University Fund, an amount equal to the lesser of $100.0 million or the interest and other earnings attributable to the investment of money in the Economic Stabilization Fund for the preceding fiscal year. Webeconomic stabilization fund to the Texas Historical Commission for the two-year period beginning on the effective date of this Act for the same purposes as provided by Chapter 605 (S.B. 1), Acts of the 85th Legislature, Regular Session, 2024 (the General Appropriations Act), which are deferred maintenance projects under ...
Webeconomic stabilization fund to the Texas University Fund, and excepting appropriations to and from the Texas University Fund from the constitutional limit on the rate of growth of …
WebC.S.S.J.R. 5 proposes a constitutional amendment renaming the national research university fund as the Texas University Fund, provides for the appropriation of certain investment income from the economic stabilization fund to the Texas University Fund, and excepts appropriations to and from the Texas University Fund from the constitutional ... new homes in filgraveWeb57 minutes ago · Governor Christopher J. Waller. At the Graybar National Training Conference, San Antonio, Texas. Watch Live. Thank you, Kathy, it's a pleasure to be … new homes in fernleyWeb10 hours ago · The Texas Senate is ready to create a $3.2B endowment for research at flagship campuses for four university systems. The Texas University Fund, or TUF, … new homes in farmers branch txWebpercent decrease from the funds available for fiscal 2024-21. This available amount takes into account anticipated transfers of $5.83 billion to the Economic Stabilization Fund (“rainy day fund”) and the State Highway Fund, $271 million to the Texas Tomorrow Fund, the state’s guaranteed prepaid new homes in featherstoneWebThe Economic Stabilization Fund, also called the ‘rainy day fund,’ was created to stabilize the Texas state budget in years when economic downturns affect tax revenue. The fund is replenished through a share of the state’s taxes on oil and gas production. It is managed by the Office of the Comptroller of Public Accounts. in the blind one the one eyed man reignsWebJan 9, 2024 · Unless legislators choose to dip into the Economic Stabilization Fund, the official name for the state’s so-called rainy day … in the bleak of winter songWebConsequentially, the estimated transfer of GR to the Economic Stabilization Fund (ESF) related to this balance would be eliminated, resulting in a $5.7 billion GR savings in FY 2024. Additionally, the elimination of this transfer to the ESF would result in that fund not reaching the constitutional maximum balance in 2024-25 as previously ... new homes in fife