P.O. Box 12068, State Capitol
Austin, Texas 78711
Tel. (512) 463-0112
FOR IMMEDIATE RELEASE
September 1, 2015
AUSTIN – Both the Senate and House members of the Legislative Budget Board today agreed to a plan that would allow the Texas Racing Commission to remain open for the next three months, pending approval from the Governor.
“This agreement allows the Commission to continue operating for the next three months. Hopefully during this time the agency can re-consider its current course,” Senator Nelson said.
This session the Legislature appropriated $15.4 million to the agency but made its administrative funding subject to LBB approval under Article IX, Section 14.01, of House Bill 1 (General Appropriations Act for FY2016-17).
In a decision reached tonight, the Legislative Budget Board authorized the Commission to transfer $186,000 from its previously appropriated funds to continue the functions of the agency for 90 days. The transfer requires approval from the Governor.