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Tax Law Changes for Texas University Fund

This bill aligns federal tax law with the Texas Constitution. Its purpose is to ensure that funds for higher education in Texas can continue to be fully utilized. Texas citizens may indirectly benefit from stable university funding.
Key points
The bill changes a date in tax regulations, allowing for better management of Texas university funds.
The change aims to maximize the financial benefits for higher education in Texas.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_9332
Sponsor: Rep. Doggett, Lloyd [D-TX-35]
Process start date: 2022-11-17
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To conform Federal tax law with the Texas Constitution to allow for the continued benefit to the fullest extent possible from the financial leverage of the Permanent University Fund to the State of Texas.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_9332.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-11-17.

What are the main provisions?

Key points include:

  • The bill changes a date in tax regulations, allowing for better management of Texas university funds.
  • The change aims to maximize the financial benefits for higher education in Texas.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Doggett, Lloyd [D-TX-35].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Taxes Education