King Files Bill to Cap State Spending

December 17, 2012

Contact Information:
(817) 381-8282

AUSTIN – Last week, State Representative Phil King (R-Weatherford) filed H.B. 237, a bill that would limit spending by the Texas Legislature to not exceed the population growth in Texas when indexed for inflation.

“Texas has done a good job of being fiscally responsible with its spending during the tough economic times we have faced over the past few years,” King explained, “However, it is very important that we implement a conservative spending cap to ensure that even in the good times, Texas does not become irresponsible with its taxpayers’ dollars.”

H.B. 237 will be considered before the Texas Legislature when it convenes for legislative session on January 8, 2013. King also plans on filing a constitutional amendment to go along with H.B. 237 to ensure that future legislatures continue Texas’ fiscally prudent tradition.