Thousands of Texas students have been forced to put their college plans on hold as the Legislature, working on the state budget, determines what level of funding there will be for TEXAS Grants, the state’s principal financial aid program for financially needy college students.
Economy
Get the latest on jobs, business, growth, and policy shaping the state’s economy with in-depth reporting from The Texas Tribune.
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Economy
The Budget: Where Everything Stands
Where did the time go? Texas legislators are a mere nine days away from the end of the session and still have to finish work on several bills to finish up their budget for the two-year period that starts September 1.
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Economy
Budget Update: House Passes Key Fiscal Matters Bill
After days of debate, the House finally passed a key fiscal matters bill — Senate Bill 1811 — that raises necessary funds to balance the proposed budget.
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Economy
Budget Stalls Over Education, Questions About Funding Sources
After a chaotic day of stops and starts and private meetings, Texas lawmakers don’t have a budget deal yet. Unless key pieces of legislation are passed soon, lawmakers are almost guaranteed to be back this summer for a special session.
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Economy
Video: Ogden- Special Session Likely
Senate Finance Chair Steve Ogden, R-Bryan, says there is still no consensus on education funding or SB 1811, a revenue bill that would balance the state budget. Meanwhile, GOP members of the House left a caucus meeting without divulging details of what they discussed and then the House postponed consideration of two fiscal bills critical to the budget until tomorrow. “So, we’re stuck,” Ogden said.
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Economy
Liveblog: Will House Take Up “Christmas Tree” Fiscal Bills?
State reps will try to hang a grab bag of amendments onto Senate Bills 1811 and 1581 — two critical pieces of legislation the House takes up today that could determine whether a budget is passed and a special session averted. Click here for our liveblog of the action.
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Economy
Budget Update: Ogden Says They’re Stuck; Straus Says They’re Close
As of Wednesday afternoon, two powerful budget figures differed on the status of the budget process.
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Economy
Budget Leaders: It’s Up to the House
If the House doesn’t pass legislation that adds $2.6 billion to state revenue with a mix of delayed payments, increased penalties, government efficiencies and the like, the state budget won’t balance and a special session will probably be required, House and Senate leaders said today.
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Economy
Combs Finds Another $1.2 Billion for Budget
Comptroller Susan Combs added $1.2 billion to her estimate of state revenues, making that much more money available to budget writers who are scrambling for cash. She said the state’s income is up.
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Economy
Conference Panel Approves Most of Budget
House and Senate negotiators have reached agreement on everything in the state budget except for public and higher education and a section of general provisions that can be used later to make sure the numbers in the budget balance.
