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Seal of the Senate of the State of Texas Welcome to the Official Website for the Texas Senate
Seal of the Senate of the State of Texas
Welcome to the official website for the
Texas Senate
 
Senator Jane Nelson: District 12
[SENATE SEAL]
February 25, 2015
Contact: Megan Hanson
512-463-0112
TODAY IN FINANCE

On the agenda: Article VIII

  • Board of Pharmacy
  • Texas Board of Nursing
  • Racing Commission
  • Department of Insurance
  • State Office of Administrative Hearings (SOAH)
  • Public Utility Commission
  • Texas Medical Board

For the full agenda, please view the posting online

Highlights:

  • Racing Commission
    • SB 2 appropriated no funding for the Racing Commission.
    • Statement from Senator Nelson: "The Racing Commission exceeded its authority when its board approved instant racing over strong objections from legislators. I want horse racing in Texas to succeed, but decisions about the expansion of gambling in this state rest with the Legislature."
  • State Office of Administrative Hearings
    • SB 2 includes an increase in All Funds due to an increase of $6.6M in General Revenue Funds to offset ending diversions from Fund 6, the State Highway Fund, as well as an increase of $1.6M in Other Funds for an anticipated increased workload in the 2016–2017 biennium.
    • SOAH is currently undergoing Sunset review. The agency's Sunset report can be viewed here.
  • Public Utility Commission
    • SB2 includes a contingency rider appropriating the remaining balance of $247M from the GR-D System Benefit Fund Account, upon the passage of legislation authorizing the extension of the Low-Income Discount program to FY17. Last session this was the largest GR-D account balance with over a $1B.

To watch the Senate Finance Committee hearing online, click here.


Senator Jane Nelson
Chair, Senate Finance Committee

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