Ben Bumgarner, Texas State Representative of the 63rd district (R) | https://www.texastribune.org/directory/ben-bumgarner/
Ben Bumgarner, Texas State Representative of the 63rd district (R) | https://www.texastribune.org/directory/ben-bumgarner/
More specifically, the official text was summarized by the state legislature as ’’Relating to the investment and management of certain funds by the comptroller; making an appropriation’’.
The following is our breakdown, based on the actual bill text, and may include interpretation to clarify its provisions.
The bill allows the Texas comptroller to hold marketable securities outside the state treasury and manage their liquidation, using proceeds to cover reasonable and necessary expenses before depositing net proceeds back into the treasury. It amends the Government Code to exempt certain funds, including those of a public retirement system, state-invested funds, higher education endowments over $150 million as of September 1, 2017, funds from the Veterans' Land Board, registry funds, and qualifying deferred compensation plans, from specific subchapter requirements. The bill appropriates marketable securities in the general revenue fund to the comptroller to be managed outside the treasury. The act takes effect on September 1, 2025.
Ben Bumgarner, member of the House Committee on Pensions, Investments & Financial Services, proposed another 11 bills during the 89(R) legislative session.
Bumgarner graduated from Austin College with a BA.
Ben Bumgarner is currently serving in the Texas State House, representing the state's 63rd House district. He replaced previous state representative Tan Parker in 2023.
Bills in Texas go through a multi-step legislative process, including committee review, debates, and votes in both chambers before reaching a final decision. Each session, there are typically thousands of bills introduced, but only a portion successfully navigate the process to become law.
You can read more about the bills and other measures here.
| Bill Number | Date Introduced | Short Description |
|---|---|---|
| HB 2212 | 03/14/2025 | Relating to the promotion of film and television production in this state, including the eligibility of film or television productions for funding under the major events reimbursement program, the creation of a film events trust fund and a film production tax rebate trust fund, the establishment of virtual film production institutes, and the designation of media production development zones |
| HB 2211 | 03/14/2025 | Relating to the compensation and professional representation of certain students participating in University Interscholastic League activities or in intercollegiate athletic programs at certain institutions of higher education |
| HB 2209 | 03/14/2025 | Relating to the period for which a person arrested for certain crimes committed against a child may be held after bond is posted |
| HB 2206 | 03/14/2025 | Relating to the reporting of certain public school employee misconduct to local law enforcement |
| HB 2205 | 03/14/2025 | Relating to a policy prohibiting the use of personal electronic devices by public school students during instructional time |
| HB 974 | 03/06/2025 | Relating to a limitation on the salary of superintendents and chief executive officers of school districts and open-enrollment charter schools |
| HB 920 | 03/06/2025 | Relating to an exemption from sales and use taxes for firearms, ammunition, and other related items |
| HB 759 | 03/05/2025 | Relating to the creation of a temporary educator certificate for educators certified by other states |
| HB 529 | 03/03/2025 | Relating to eligibility for the bulletproof vest and body armor grant program |
| HB 453 | 02/28/2025 | Relating to increasing the criminal penalties for delivery of a controlled substance in Penalty Group 1-B to a child |
| HB 371 | 02/28/2025 | Relating to the admission to public schools of children unlawfully present in the United States and the eligibility of those children for the benefits of the available school fund and Foundation School Program |
Alerts Sign-up