[FISCAL NOTES] Taking Stock of the 2015 Legislative Session

Texas Comptroller of Public Accounts sent this bulletin at 09/17/2015 10:37 AM CDT

Fiscal Notes: A review of the Texas Economy from the Texas Comptroller of Public Accounts

 
Photo of the Texas Capitol at night
   
2015 LEGISLATIVE WRAP-UP:
Financial Highlights From A Busy Session
 
In the September issue of Fiscal Notes, we highlight financial points of interest from Texas' 2015 legislative session, which concluded on June 1. During the session, legislators considered thousands of bills and passed more than 1,300 of them, including House Bill 1 (also called the General Appropriations Act), a weighty budget document calling for $209.4 billion in state spending in the next two years.

Also in this issue, we take a look at how credit rating agencies determine the price of borrowing for Texas and other states. Just like your own credit score, credit ratings for states have a huge effect on the cost of doing business.

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