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Texas Legislature 2019

With record $12.5 billion in Texas' savings account, lawmakers set $7.5 billion minimum balance

The decision means Texas can invest more of its massive rainy day fund — and signals lawmakers' confidence that the current balance is healthy.

State Sen. Jane Nelson, R-Flower Mound, explains the benefits of Senate Bill 19 during a Saturday meeting of the Senate Finance Committee on July 22, 2017. 

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