The press release from the Speaker’s office states:
AUSTIN—Today, Lt. Governor David Dewhurst and Texas House Speaker Joe Straus (R-San Antonio) announced a budget agreement from the Senate and House conferees of $80.6 billion in General Revenue on House Bill 1:
“I’m pleased that the House and Senate have come to an agreement that will help balance the budget and protect Texas taxpayers while making a historic $15-billion cut in government spending,” said Lt. Governor Dewhurst. “We are hard at work passing a number of related bills, including school finance reform, which also must pass in order to balance the budget.”
“I want to thank the House and Senate budget writers for their tireless work in bringing forward a budget that is disciplined, fiscally conservative and that lives within our means,” said Speaker Straus. “The agreement that we reached with the Senate today funds nursing homes, our public schools and universities, and provides financial aid for college students while keeping substantial revenue in reserves and avoiding any new taxes.”
The House has just laid out SB 1811, the large state fiscal matters bill and, after a motion to reconsider was passed, the Senate is debating SB 1581 – the state fiscal matters related to public and higher education. In the Senate chamber, they are currently debating the committee substitute to SB 22, relating to public school finance.