All Roll Calls
Yes: 461 • No: 115
TexasSB 290089th Legislature Regular SessionSenate
Relating to certain advisory entities and work groups under the jurisdiction of the comptroller of public accounts or on which the comptroller's office is represented and to the repeal or redesignation of certain of those entities.
Sponsored By: Salman Bhojani, Giovanni Capriglione, Barbara Gervin-Hawkins, Lois Kolkhorst (Republican), Candy Noble, Chris Turner
Signed by Governor
State Agencies, Boards & CommissionsCOMPTROLLER OF PUBLIC ACCOUNTS
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Bill Overview
Analyzed Economic Effects
3 provisions identified: 2 benefits, 0 costs, 1 mixed.
More reporting on Texas tobacco funds
The comptroller must give the tobacco trust advisory committee an annual report on investment results and expected local government payments. The report must include changes to the investment policy or comptroller rules. The committee advises on investments and payment amounts, subject to that policy, laws, and rules. It also advises the health department and comptroller on their legal duties. These payments support local entities that provide indigent health care; the law sets no new household payment. The law also repeals Finance Code Chapter 395 and Government Code Sections 403.028(f), 403.1042, 403.602(14), 403.618, 404.108–404.113, and 490I.0110. The supplied text does not explain each repeal’s individual effect.
Stronger safeguards for Texas investment advisers
The investment board advises the comptroller and Texas Treasury Safekeeping Trust Company, without acting as a fiduciary. Members need finance knowledge or experience and must finish training before serving. Training covers managed assets, open meetings, and public information laws. A member or spouse cannot work for or help manage an organization receiving trust-company funds. They also cannot own or control more than 10% of such an organization. Receiving money from that organization above 5% of the recipient’s gross income in the prior calendar year also bars service.
Trust committee expenses covered, service unpaid
Tobacco trust advisory committee members cannot receive pay from the state or trust fund for their service. They can be reimbursed for actual, necessary costs of attending committee meetings. Reimbursement also covers other official duties authorized by the comptroller. The law sets no reimbursement amount.
Sponsors & Cosponsors
Sponsors
Salman Bhojani
House
Giovanni Capriglione
House
Barbara Gervin-Hawkins
House
Lois Kolkhorst
Republican • Senate
Candy Noble
House
Chris Turner
House
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
Senate vote • 6/1/2025
Record vote
Yes: 0 • No: 0
House vote • 6/1/2025
Record vote
Yes: 107 • No: 28
House vote • 5/28/2025
Record vote
Yes: 115 • No: 22
House vote • 5/27/2025
Record vote
Yes: 109 • No: 33
House vote • 5/27/2025
Record vote
Yes: 107 • No: 32
Senate vote • 4/28/2025
Record vote
Yes: 0 • No: 0
Senate vote • 4/28/2025
Record vote
Yes: 0 • No: 0
Senate vote • Unknown
Committee vote: Finance
Yes: 14 • No: 0
House vote • Unknown
Committee vote: Ways & Means
Yes: 9 • No: 0
Actions Timeline
Effective immediately
6/20/2025HouseSigned by the Governor
6/20/2025HouseSent to the Governor
6/3/2025HouseSigned in the House
6/2/2025HouseSigned in the Senate
6/2/2025SenateReported enrolled
6/1/2025SenateSenate adopts conf. comm. report-reported
6/1/2025HouseHouse adopts conf. comm. report-reported
6/1/2025SenateRecord vote
6/1/2025SenateSenate adopts conference committee report
6/1/2025SenateStatement(s) of vote recorded in Journal
6/1/2025HouseRecord vote (RV#4140)
6/1/2025HouseHouse adopts conference committee report
6/1/2025HouseConf. Comm. Report distributed
5/31/2025HouseConference committee report filed
5/31/2025SenateHouse appoints conferees-reported
5/30/2025SenateHouse grants request for conf comm-reported
5/30/2025SenateHouse appoints conferees
5/30/2025HouseHouse grants request for conference committee
5/30/2025HouseSenate appoints conferees-reported
5/29/2025HouseSenate requests conference committee-reported
5/29/2025HouseSenate refuses to concur-reported
5/29/2025HouseSenate appoints conferees
5/29/2025SenateSenate requests conference committee
5/29/2025SenateSenate refuses to concur
5/29/2025Senate
Bill Text
Engrossed
Enrolled
House Committee Report
Introduced
Senate Committee Report
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