House Joint Resolution 10 and its enabling legislation House Bill 20 would create a new Texas legacy fund with some dollars in the Economic Stabilization Fund (ESF) used to attempt to gain a higher return on taxpayer money and allocate the returns to unnecessarily grow government.
Taxes & Spending
Hijacked: How the Bond Process is Being Used Against Taxpayers
School bonds are one of the main instruments contributing to Texas’s local government debt, which is currently over half a trillion dollars. Key points: As of 2026, school bond debt in Texas is over $236 billion. In May of 2023, Texas passed 79% of the 245 bond proposals put on the ballot, costing taxpayers $22.9...
April 7, 2026