Video & Transcript Research : 'Texas Future Fund'

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TX

Texas 89th Regular

Appropriations Apr 15th, 2025

Appropriations

Transcript Highlights:
  • Future Fund.
  • By investing its oil and gas wealth through the Texas Future Fund, Texas would have a powerful asset—part
  • Thirty states already have programs like the Texas Future Fund.
  • On the fund design, for every dollar invested by the Texas Future Fund, it will attract another dollar
  • Like I said, for $1 invested out of the Texas Future Fund, it will create over $50 of value for Texas
TX

Texas 89th Regular

Appropriations Apr 29th, 2025

Appropriations

Transcript Highlights:
  • The Texas Grow Fund, the grant for infrastructure projects in the oil and gas producing regions within
  • HJR35 would create the Grow Texas Fund, which you've heard quite a bit about today.
  • The Permanent University Fund, you know, the first time I walked onto the University of Texas campus,
  • We have a program that we created through Texas Tech that we fund locally.
  • It protects Texas. It's taxpayers. It doesn't impact school finance or highway funds.
TX
Transcript Highlights:
  • As I indicated, I'm James Hallmark with the Texas A&M University System.
  • It represents a strategic investment in the educational and economic future of Texas.
  • Vice President and General Manager of our Texas site, Mike Rivette.
  • As Texas focuses on building our water.
  • That's all the bill does, a simple fix to align Texas law.
TX
Transcript Highlights:
  • . and will help keep interns affordable for Texas students, no taxpayer. funds will be involved, which
  • Public Universities. and University Endowments, such as the Permanent University Fund and the Texas
  • It defends the future of Texas. students, our economy, and the very foundation of public universities
  • But right now a dangerous loophole as you mentioned And Texas allows university boards and fund managers
  • This means institutions funded by Texas oil and gas can actually... actually work against the very industry
TX
Transcript Highlights:
  • It represents a strategic investment in the educational and economic future... of Texas.
  • It defends the future of Texas students, our economy, and the very foundation of public universities.
  • This means institutions funded by Texas oil and gas can actually work against the very industry that
  • allows university boards and fund managers to partner with firms that boycott Texas energy producers
  • This means institutions funded by Texas oil and gas can actually work against the very industry that
Summary: The Senate Committee on Education K-16 met with a large agenda and repeatedly recessed for floor activity and other committee conflicts. The committee heard and left pending several higher education bills, including SB 2361 to transfer University of Houston-Victoria from the University of Houston System to the Texas A&M System and rename it Texas A&M University Victoria; testimony from university officials, local leaders, and industry representatives strongly supported the move as a way to better align degree programs with regional workforce needs in engineering, agriculture, and STEM. SB 530, which would align Texas accreditation statutes with federal rules allowing institutions to choose among nationally recognized accreditors, also received supportive testimony and was left pending. SB 1085, allowing Sul Ross satellite campuses to offer lower-division coursework toward bachelor’s degrees, was laid out and left pending as well. The committee also took up a series of education policy bills. SB 1241 would expand the standardized tests Texas public universities may accept for admission beyond the SAT and ACT, with supporters from the Classic Learning Test, homeschool advocates, and student-choice groups arguing it would increase access and competition; it was left pending. SB 769 would require a TEA/Higher Education Coordinating Board report on barriers faced by students with disabilities in higher education, and testimony from The Arc of Texas and others emphasized the need for better data and accessibility; the bill was left pending. SB 2231 would designate the second week of October as Free College Application Week, and SB 1878 would modernize terminology and support workforce-oriented programs at the Josie School; both were laid out and left pending. The committee reported several bills favorably after adopting committee substitutes. SB 605, concerning charter school expansion applications while under conservatorship or a management team, passed on a 9-0 vote. SB 1871, SB 1873, and SB 1874, all related to school discipline and teacher immunity/placement review provisions, were adopted and reported favorably, with members noting the need for further discussion on some language. SB 762, dealing with flag displays in public schools, passed on a 7-1 vote. SB 1962, relating to public school accountability and challenges to school system operations, passed 7-1 after a corrected vote. SB 1750, replacing a $60 million statewide charter facilities cap with an attendance-growth-based allotment, passed 7-1 with one member voting present not voting. SB 2252, supporting kindergarten readiness and early literacy/numeracy, SB 2253, concerning educator preparation and certification, SB 2365, on student use of wireless devices during instructional time, and SB 1924, restoring local peace officer citation authority for school offenses and adding reporting and parent-notification requirements, were also reported favorably. The committee additionally heard SB 37 on higher education governance and compliance oversight, which passed 7-1 after a substitute that refined curriculum review, governing board authority, faculty senate rules, and a new compliance office within the Higher Education Coordinating Board.
TX

Texas 89th 2nd C.S.

Licensing & Administrative Procedures May 6th, 2025

Licensing & Administrative Procedures

Transcript Highlights:
  • He died on April 22nd, born and raised in Plano, Texas.
  • We got guidance from the Texas Lottery that courier services were legal in Texas.
  • So banning the practice is the best option for Texas.
  • facsimiles of Texas lottery tickets.
  • We've seen the addition of Michelin to Texas.
Bills: SB 28
TX

Texas 89th Regular

Appropriations Feb 19th, 2025 at 10:30 am

Appropriations

Transcript Highlights:
  • This provides a snapshot of the Texas Water Fund.
  • The flood infrastructure fund is not currently allowed for Texas Water Fund allocations.
  • Texas Fund. That's for specific projects.
  • They do a tremendous job. of investing those funds, but by utilizing Texas Water Fund, Capital we were
  • Texas Water Fund was very beneficial for the board, and I think very beneficial for Texas because...
Summary: During this committee meeting, the focus was on discussing critical infrastructure funding, especially related to water supply and flood mitigation projects. Chairwoman Stepney and the Water Development Board presented extensive details regarding the Texas Water Fund, which included $1 billion appropriated to assist various financial programs and tackle pressing water and wastewater issues. Additionally, funding allocations aimed at compromising the state's flood risk and improving water conservation were hotly debated, emphasizing collaboration among committee members and the necessity of addressing community needs in such projects.
TX

Texas 89th Regular

Nominations Feb 24th, 2025

Nominations

Transcript Highlights:
  • It's coming before the Texas Supreme Court in the near future.
  • I wanted to ask, so would you Speak to where you are on the Texas Water Fund.
  • And then talk about the Texas Water Fund.
  • Yes, so the Texas Water Fund, as you know, was approved last session.
  • water supply for Texas Fund, of which $250 million is required to go there.
Summary: The meeting focused on several crucial issues, including the Texas Water Fund and its implications for development in the state. Various members highlighted the critical need for effective management of water resources, discussing the role of the Water Development Board and their strategies for outreach to local governments. The committee engaged in a thorough examination of funding projects and the sustainable financing necessary for communities facing challenges in meeting their infrastructure needs. Additionally, there was notable discussion regarding promoting workforce development and the alignment of educational programs with the demands of the job market as indicated by recent trends in community colleges.
TX

Texas 89th 2nd C.S.

Judiciary & Civil Jurisprudence May 14th, 2025

Judiciary & Civil Jurisprudence

Transcript Highlights:
  • I'm Guy Herman, presiding statutory probate court judge here in the state of Texas. Thank you.
  • Members, in 2023, the Texas Department of Family and Protective Services reported over...
  • elder abuse in Texas, up from 60,000 cases reported in 2022.
  • Get the Texas Rangers to investigate the probate mafia.
  • I have supervision status in Texas.
Bills: SB1015, SB2933
Summary: The Committee on Judiciary and Civil Jurisprudence heard testimony on Senate Bill 1015, which would clarify that the comptroller is responsible for distributing excess judicial fund payments back to statutory probate courts. Judge Guy Herman testified in support, saying the bill would help ensure probate courts receive funding they are entitled to, while Ed Heimlich testified against the bill with broad criticism of probate courts and judicial practices. The committee then heard Senate Bill 2933, which would add elder abuse training to required judicial education for several categories of judges and judicial officers; Dr. Bruce Hargrave supported the bill, citing the prevalence and underreporting of elder abuse and the need for judges to recognize warning signs. No votes were taken on either of those bills, and SB 2933 was left pending. The committee then reconsidered Senate Bill 38, an eviction-related bill, and Vice Chair Hayes described two agreed floor amendments: one limiting the summary disposition procedure to forcible entry and detainer cases involving squatters, and another requiring a notice to pay rent or vacate for tenants who had been timely payers but missed a payment. After discussion, the committee voted 6-4 to report SB 38 without amendments. The committee also adopted or advanced a series of other bills and resolutions, including SB 293, SB 1141, SB 1448, SB 1536, SB 1558, SB 1838, SB 1940, SB 2127, SB 53, SB 251, SB 311, SB 387, SB 441 (with a substitute), SB 1164, SB 1335, SB 1574 (with a substitute), SB 1719, SB 1760, SB 1839, SB 1923 (with a substitute), SB 2807, and SJR 27 (with a substitute). Most measures were reported favorably on largely party-line or near-unanimous votes, with a few close votes on SB 942, SB 311, SB 2807, and SJR 27. SB 942, relating to retroactive child support beginning at conception, initially failed 5-5 but was reconsidered and then passed 6-5. The committee adjourned after completing its agenda.
TX

Texas 89th Regular

Judiciary & Civil Jurisprudence May 14th, 2025

Judiciary & Civil Jurisprudence

Transcript Highlights:
  • Guy Herman, presiding statutory probate court judge here in the state of Texas.
  • elder abuse in Texas, up from 60,000 cases reported in 2022.
  • Get the Texas Rangers to investigate the probate mafia.
  • I have supervision status in Texas.
  • This is Senator Hughes's bill relating to the writ power of the Texas Supreme Court.
Bills: SB1015, SB2933
TX
Transcript Highlights:
  • This bill, HB104 by Chairman Bonin, proposes the creation of the Texas Future Fund, a separately managed
  • The Texas Future Fund seeks to maximize returns for the state while promoting strategic investments in
  • the Texas economy.
  • Future Fund stays focused on risk-adjusted returns and stewardship of state funds.
  • Future Fund, but no, I love oysters.
TX
Transcript Highlights:
  • Other funding sources: The Texas Constitution only allows the legislature to increase the HEAF appropriation
  • That time the fund... ...set the fund at $393.75 million to 2025.
  • If future opportunities arise, it allows the Texas Space Commission's Board of Directors to hold a closed
  • stay in Texas.
  • I live here in Texas, Lago Vista, Texas.
TX
Transcript Highlights:
  • The 2023 creation of the Texas Water Fund was a great step.
  • I need to go to the Texas Water Fund. That would be ideal. But still, I support HJR7.
  • within the Texas Water Fund.
  • so that all eight programs of the Texas Water Fund, including the new Water Supply Fund, can be funded
  • There are seven programs beneath the Texas Water Fund. Many of these are oversubscribed.
Bills: HB3077, HJR2, HJR7, HJR7
TX

Texas 89th Regular

Veteran Affairs Apr 15th, 2025

Veteran Affairs

Transcript Highlights:
  • This bill is a joint recommendation of the Texas Veterans Commission and the Texas Health and Human Services
  • , federal grants, and grant funding requirements.
  • , federal grants, and grant funding requirements.
  • It is a new area for Texas.
  • We also have Annette Quintero from Texas DMV.
Summary: The Senate Committee on Veteran Affairs heard several bills focused on veterans’ mental health, criminal justice coordination, cemetery expansion, housing, vehicle registration, and anti-discrimination protections. SB 2926 would transfer administration of veterans’ mental health initiatives from HHSC to the Texas Veterans Commission, create a community-based mental health grant program, require a statewide veteran suicide prevention action plan, and add annual reporting requirements. SB 2938 would require county jails to verify and report veteran status at intake, help veteran inmates apply for federal benefits, and provide access to county veteran services and free visitation with service coordinators. Both bills were described as joint or practical efforts to improve coordination and service delivery for veterans, and both were left pending after no public testimony was offered. The committee also heard SB 2543, which would give more flexibility to expand the Texas veterans cemetery system, and SB 2545, which would explore using manufactured homes as another affordable housing option for veterans through the Veterans Land Board. SB 2545 drew questions about how manufactured-home loans would work; a Texas Veterans Land Board witness said implementation would likely require closing at a title company rather than through a retail bill of sale, and the Texas Manufactured Housing Association testified in support. Both cemetery and housing bills were left pending. Members then heard SB 2007, which would let vehicle registration applicants voluntarily designate military status so the DMV could record it and help with benefits and towing/impound issues involving deployed service members. Witnesses from the towing industry and DMV supported the bill, saying the current system lacks enough identifying information to run military-status checks and that the indicator could help prevent vehicles from being sold while owners are deployed. SB 2104 would add military status as a protected class under state anti-discrimination laws for employment, housing, and utilities; the author said it would address ongoing discrimination against service members, veterans, and military families. The Texas VFW supported the bill, citing the Leroy Torres case as an example of why additional state protections are needed. After discussion about overlap with federal law and existing state protections, SB 2104 was also left pending.
TX

Texas 89th Regular

Licensing & Administrative Procedures May 6th, 2025

Licensing & Administrative Procedures

Transcript Highlights:
  • We got guidance from the Texas Lottery that courier services were legal in Texas.
  • So banning the practice is the best option for Texas.
  • That is not what the voters of Texas contemplated.
  • , and I came to Texas.
  • We've seen the addition of Michelin to Texas.
TX

Texas 89th Regular

S/C on Transportation Funding Mar 31st, 2025

S/C on Transportation Funding

Transcript Highlights:
  • It will allow us to learn more about the current status of Texas transportation funding.
  • The graph below on page one, figure... ...One depicts the current transportation funding for the Texas
  • So the taxpayers from East Texas, West Texas, and all over the state would be funding it.
  • Even if you want high-speed rail in Texas, you have the opportunity today to protect public funds that
  • I think that this bill is allowing for that option to be able to use funds... ...for future projects.
TX

Texas 89th Regular

Senate Session Feb 25th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • It's the very backbone of the Texas miracle, and it's where Texas began.
  • Thank you. the Texas Miracle.
  • Hispanic Judges Day at the Texas Capitol.
  • Thank you for your service to the state of Texas.
  • students. and alumni in Texas alone.
Summary: The meeting was marked by significant resolutions recognizing various contributions to Texas and celebrating community initiatives. Key discussions included the adoption of resolutions commemorating Texas Hispanic Judges Day and highlighting the 100th anniversary of Memorial Park. Senators expressed appreciation for the judges' dedication and legacy, with notable mentions of individual judges and their impact on the community and legal landscape in Texas. The Senate also honored students and organizations contributing positively to their communities, showcasing the interconnectedness of public service and the legislative process.