SENATE

NOTICE OF PUBLIC HEARING

COMMITTEE: Finance

TIME & DATE: 10:00 AM, Tuesday, March 20, 2018

PLACE: E1.036 (Finance Room)
CHAIR: Senator Jane Nelson

 

The Senate Finance Committee will meet on Tuesday, March 20, 2018 at 10:00am to hear invited and public testimony on the following interim charges:

 

                Economic Stabilization Fund: Examine options to increase investment earnings of the Economic Stabilization Fund in a manner that minimizes overall risk to the fund balance. Investment options should ensure the liquidity of a sufficient portion of the balance so that the legislature has the resources necessary to address the needs of the state, including natural disasters. Evaluate how the Economic Stabilization Fund constitutional limit is calculated; consider alternative methods to calculate the limit, and alternative uses for funds above the limit.

 

                Monitor the implementation of the following funding initiative:

- Behavioral Health - Monitor the state's progress in

coordinating behavioral health services and expenditures across state government, pursuant to Article IX section 10.04, including the impact of new local grant funding provided by the 85th Legislature.

 

The Committee will also hear invited and public testimony regarding Hurricane Harvey Relief and Recovery.