Pursuant to direction provided by the Joint Chairs of the Legislative Budget Board, as required by Texas Government Code, Section 316.004, the LBB Director will solicit testimony regarding the proposed items of information and the methodology used in making the calculations to establish the Article VIII constitutional tax spending limit on appropriations from tax revenue not dedicated by the Constitution and the Government Code Chapter 316 statutory consolidated general revenue spending limit for the 2026-27 biennium.
Pursuant to Texas Government Code, Section 316.003, the proposed items of information and the methodology will be published in the Texas Register on November 15, 2024. Upon conclusion of the hearing, testimony will be provided to the Board.