Lt. Governor David Dewhurst has announced his appointments to the Select Committee to Study the Balance of the Economic Stabilization Fund.
"When I first took office in 2003, the Economic Stabilization Fund maintained a balance of approximately $500 million dollars. Thanks to limited spending and sound fiscal policies, current projections are for a balance of $8.4 billion at the close of FY15," said Dewhurst. "Working jointly with House membership, I am confident our Senators will lead this committee in a meaningful and productive study on how to best protect, manage, and grow our state's financial reserves in preparation for the next legislative session."
Senator Jane Nelson of Flower Mound will co-chair the committee and will be joined by Senators Robert Nichols of Jacksonville, Brian Birdwell of Granbury, Kevin Eltife of Tyler, and John Whitmire of Houston.
The committee was created pursuant to House Bill 1 83rd (3) which passed the Legislature in 2013.
