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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
Senator Jane Nelson
P.O. Box 12068, State Capitol
Austin, Texas 78711
Tel. (512) 463-0112
February 2, 2017
Contact: Melissa Duncan
512-463-0112
TODAY IN FINANCE

On the agenda: Article I - General Government

Office of the Governor & Trusteed Programs within the Office of the Governor
Office of the Attorney General
Secretary of State
Facilities Commission

View the posting at: http://www.legis.texas.gov/tlodocs/85R/schedules/html/C5402017020209001.HTM

Highlights for Today's Hearing

  • To balance the budget, as a starting point SB 1 adjusts several grant programs within the Office of the Governor.
    • Last session the Legislature eliminated the Emerging Tech Fund and directed its fund balance into the Enterprise Fund and a new program, the Governor’s University Research Initiative(GURI). Because those funds have been depleted, there is no longer a revenue source available for GURI, which is not funded in SB 1.
    • SB 1 provides $10 million for film and gaming incentives, $43 million for the Enterprise Fund, and $34.3 million in tourism funds with a 100-percent local match required -- with the goal of starting a conversation about the appropriate use of state resources in a tough budget session.
    • SB 1 includes $24.8 million General Revenue for Disaster Funds, with the ability to carry forward any unexpended balances from FY 17, an increase from $14.8 million General Revenue approved last session; includes a new rider requiring that the Legislature be notified when disaster funds are disbursed.
  • SB 1 provides an additional $346.8 All Funds to help crime victims -- $159.2 million All Funds to be administered by the Governor’s Office and $197.6 million All Funds by the Office of Attorney General; and
  • SB 1 includes an additional $25 million to purchase high-caliber bullet-proof vests for Texas law enforcement.

Statement from Senator Nelson: "Economic development is important, and I want to keep Texas competitive when it comes to landing opportunities for our state. SB 1 is a starting point. However, in lean budget cycles, there needs to be a serious discussion and distinction between which items are core government functions and which ones are not."

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