A few of the funding priorities expressed by the executive, legislative and judicial branches are not covered in Senate Bill 2, the state’s tentatively-approved appropriations bill for fiscal years 2020 and 2021.
So, on March 13, the Senate voted unanimously in favor of SB 500, $6 billion in supplemental funding to plug many holes. Some $4.3 billion of the total would be taken out of the Economic Stabilization (“Rainy Day”) Fund.
Authored by Senate Finance Committee Chair Jane Nelson, R-Flower Mound, the legislation proposes the following allocations:
$3 billion for Hurricane Harvey recovery expenses;
$2.1 billion to address the Medicaid shortfall;
$100 million for school ...