FOR IMMEDIATE RELEASE 04/01/2015
Rep. Thompson and Texas House Pass Conservative Budget
Austin, TEXAS – Early this morning, the Texas House of Representatives passed House Bill 1 and took an important step toward finalizing a budget that will be balanced and fiscally responsible for the next two years. The Texas House budget dramatically reforms state government through increased transparency and addresses the needs of our growing state while staying under the constitutional spending cap. HB 1 invests significant resources in public schools, boosts formula funding for higher education, invests additional general revenue in transportation, and promotes border security and public safety. Additionally, HB1 accomplishes this by limiting overall spending growth to less than what is necessary to account for population and inflation increases.
“After about eighteen hours of lively debate and more than 350 amendments, the House of Representatives produced a reasonable budget that I am proud to support,” stated Rep. Thompson. “My colleagues and I worked hard to address the fiscal needs of our growing state, and I believe the proposed budget meets the needs of my constituents in District 29 as well as Texans across our state.”
Following this vote, HB 1 now heads to the Texas Senate for discussion. When the Senate passes their version, HB 1 will head to a conference committee between the two legislative chambers for final approval.
Should you have any questions, please feel free to contact Rep. Thompson’s office by emailing District29.Thompson@House.State.tx.us, or calling (512) 463-0707.
The 84th Texas Legislature convened at the State Capitol in Austin on January 13, 2015 and will close on June 1, 2015.