Legislative Budget Board: Adoption of Spending Limit for 2020-2021

The Legislative Budget Board met to set the 2020-21 spending limitation. Call to order. The meeting was called to order by Speaker of the House Bonnen Approve minutes of November 16, 2018, Legislative Budget Board meeting. The minutes were approved. Review and adopt the items of information required to set the Article VIII constitutional limit on certain appropriations for the 2020-21 biennium. At a meeting of the Legislative Budget Board on January 11, 2019, the Board approved the items of information required to set the Article VIII constitutional limit on the growth of appropriations from state tax revenue not dedicated by the Texas Constitution. A technical memorandum describing the methodology and sources used in calculating the items of information was published in the Texas Register, as required by Section 316.003, Government Code, on November 16, 2018. Prior to approving the items of information, the Board held a public hearing on the information as required by S