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Texas Prop 12 2024 Maria Scarlet . A: In 2023, the 88th Texas Legislature passed Senate Bill (SB) 28 and Senate Joint Resolution (SJR) 75 providing for the creation of the Texas Water Fund What to Expect During the first 60 Days of the 89th Legislative Session As the 89th Session kicks off, the Texas Comptroller released the Biennial Revenue Estimate, projecting $194.6 billion in funds available for general-purpose spending for the 2026-27 biennium —a 1.1% decrease from 2024-25 due to a smaller beginning balance.