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Bill > HB4305
TX HB4305
TX HB4305Relating to purchasing gold and silver bullion for this state to hold in the Texas Bullion Depository; making an appropriation.
summary
Introduced
03/09/2023
03/09/2023
In Committee
03/21/2023
03/21/2023
Crossed Over
Passed
Dead
05/29/2023
05/29/2023
Introduced Session
88th Legislature Regular Session
Bill Summary
Relating to purchasing gold and silver bullion for this state to hold in the Texas Bullion Depository; making an appropriation.
AI Summary
This bill requires the Texas Comptroller of Public Accounts to purchase $4 billion worth of gold bullion and $1 billion worth of silver bullion during the 2023-2025 state fiscal biennium, and to deposit the bullion into the Texas Bullion Depository. The bill also appropriates $5 billion from the general revenue fund to the Comptroller for this purpose.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
Referred to Pensions, Investments & Financial Services (on 03/21/2023)
Bill Topics
Government Operations
- ‐ Currency and Mint
Macroeconomics
- ‐ Monetary Supply, Federal Reserve Board, and Treasury
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=88R&Bill=HB4305 | 03/09/2023 |
| BillText | https://capitol.texas.gov/tlodocs/88R/billtext/html/HB04305I.htm | 03/09/2023 |
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