Hegar Discusses the Texas Legacy Fund

Hegar Discusses the Texas Legacy Fund

By responsibly investing the state’s Economic Stabilization Fund, also called the “rainy day fund,” Texas can address some of the long-term debt obligations that threaten its triple-A credit rating. Texas Comptroller Glenn Hegar has proposed creating the Texas Legacy Fund as a way to grow and safeguard the state’s money while maintaining the Economic Stabilization Fund’s original purpose. On Wednesday, April 18, Comptroller Hegar will testify before the Texas House Committee on Appropriations to discuss the […]