Senator Schwartner pushes amendment to raise Texas Economic Stabilization Fund cap to 15%

Texas lawmakers made significant strides in enhancing the state's financial and public health frameworks during the Senate Session on April 10, 2025. The session saw the passage of several key bills aimed at bolstering economic stability and protecting vulnerable populations.

One of the most impactful decisions was the approval of Senate Joint Resolution 4 (SJR 4), which proposes a constitutional amendment to increase the cap on the Economic Stabilization Fund (ESF) from 10% to 15% of the total general revenue from the previous biennium. This change is designed to provide Texas with a more robust financial safety net as the state's budget grows. Senator Schwartner, who championed the resolution, emphasized that this amendment would enhance the state's financial resiliency and ensure that the ESF can adequately support Texas during economic downturns.

In addition to financial measures, the Senate also addressed public health concerns with the passage of Senate Bill 13 13. This legislation prohibits smoke shops from using marketing tactics that appeal to minors, particularly near schools. Senator Cook highlighted the urgency of this bill, noting the rising popularity of e-cigarettes among youth and the need to protect children from harmful advertising practices. The bill aims to safeguard the physical and mental well-being of future generations by enforcing stricter marketing regulations.

Another notable piece of legislation, Senate Bill 12 65, was passed to improve access to childcare resources for working parents. This bill mandates the Texas Workforce Commission to provide comprehensive information about childcare programs and financial assistance on its website, creating a centralized resource for employers and parents alike. Senator Alvarado, who sponsored the bill, stated that this initiative would help remove barriers to workforce participation and strengthen the labor market.

The session also included the passage of Senate Bill 21 48, which enhances the security of critical infrastructure in Texas by requiring utilities to coordinate with local law enforcement and conduct regular emergency response exercises. Senator Hall emphasized the importance of proactive measures to protect the state's electrical grid from potential threats.

Overall, the April 10 Senate Session demonstrated a commitment to strengthening Texas's economic foundation and protecting its residents, particularly vulnerable populations. As these bills move forward, their implementation will be closely monitored to ensure they achieve their intended outcomes and benefit the community at large.