AUSTIN – The Senate Finance Committee today unanimously approved the Committee Substitute to House Bill 1, the appropriations bill, sponsored by Texas State Senator Jane Nelson, R-Flower Mound.
"After many months of hearings and testimony, I am proud of the budget the Senate Finance Committee has crafted," said Senator Nelson. "This is a robust, fiscally responsible budget that meets the needs of our growing state. It prioritizes the two key issues of session -- property tax relief and public education. It makes smart investments in our future and stays within our constitutional spending limits."
CSHB 1 appropriates $116.8B in General Revenue and $247.7B in All Funds. These totals are within constitutional spending limits and population times inflation with 7.6 percent growth over FY 18-19 in General Revenue and 5.1 percent growth in All Funds. CSHB 1 provides:
CSHB 1 now goes to the full Senate for consideration.
SENATOR JANE NELSON represents District 12, including portions of Tarrant and Denton Counties. She is Chairman of the Senate Finance Committee and the highest-ranking Republican in the Texas Senate.
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