2 TEXAS INTERIM CHARGE. Rainy Day Funds

House Committee on Appropriations 

#2   Continue to study strategies to use the Economic Stabilization Fund (ESF) to generate additional revenue for state obligations without compromising the fund’s intended purpose. Evaluate the current methodology used to set the ESF cap. 

Senate Finance Committee

#2 Economic Stabilization Fund: Examine options to increase investment earnings of the Economic Stabilization Fund in a manner that minimizes overall risk to the fund balance. Investment options should ensure the liquidity of a sufficient portion of the balance so that the legislature has the resources necessary to address the needs of the state, including natural disasters. Evaluate how the Economic Stabilization Fund constitutional limit is calculated; consider alternative methods to calculate the limit, and alternative uses for funds above the limit. 

85th Texas Legislature Interim Charges | Texas House | Texas Senate