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SB2138 • 2025

Relating to prohibiting the investment of the permanent university fund, the Texas University Fund, or money held by a public institution of higher education in financial companies that boycott certain energy companies.

Relating to prohibiting the investment of the permanent university fund, the Texas University Fund, or money held by a public institution of higher education in financial companies that boycott certain energy companies.

Education Energy
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Creighton
Last action
2025-05-23
Official status
05/23/2025 H Committee report sent to Calendars
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Relating to prohibiting the investment of the permanent university fund, the Texas University Fund, or money held by a public institution of higher education in financial companies that boycott certain energy companies.

Relating to prohibiting the investment of the permanent university fund, the Texas University Fund, or money held by a public institution of higher education in financial companies that boycott certain energy companies.

What This Bill Does

  • Relating to prohibiting the investment of the permanent university fund, the Texas University Fund, or money held by a public institution of higher education in financial companies that boycott certain energy companies.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-05-23 Texas Legislature Online

    Committee report sent to Calendars

  2. 2025-05-22 Texas Legislature Online

    Comte report filed with Committee Coordinator

  3. 2025-05-22 Texas Legislature Online

    Committee report distributed

  4. 2025-05-20 Texas Legislature Online

    Scheduled for public hearing on . . .

  5. 2025-05-20 Texas Legislature Online

    Meeting cancelled

  6. 2025-05-19 Texas Legislature Online

    Considered in formal meeting

  7. 2025-05-19 Texas Legislature Online

    Reported favorably w/o amendment(s)

  8. 2025-05-12 Texas Legislature Online

    Read first time

  9. 2025-05-12 Texas Legislature Online

    Referred to Higher Education

  10. 2025-05-09 Texas Legislature Online

    Received from the Senate

  11. 2025-05-08 Texas Legislature Online

    Co-author authorized

  12. 2025-05-08 Texas Legislature Online

    Rules suspended-Regular order of business

  13. 2025-05-08 Texas Legislature Online

    Record vote

  14. 2025-05-08 Texas Legislature Online

    Read 3rd time

  15. 2025-05-08 Texas Legislature Online

    Passed

  16. 2025-05-08 Texas Legislature Online

    Record vote

  17. 2025-05-08 Texas Legislature Online

    Reported engrossed

  18. 2025-05-07 Texas Legislature Online

    Co-author authorized

  19. 2025-05-07 Texas Legislature Online

    Rules suspended-Regular order of business

  20. 2025-05-07 Texas Legislature Online

    Record vote

  21. 2025-05-07 Texas Legislature Online

    Read 2nd time & passed to engrossment

  22. 2025-05-07 Texas Legislature Online

    Record vote

  23. 2025-05-05 Texas Legislature Online

    Placed on intent calendar

  24. 2025-05-01 Texas Legislature Online

    Not again placed on intent calendar

  25. 2025-04-30 Texas Legislature Online

    Placed on intent calendar

  26. 2025-04-28 Texas Legislature Online

    Co-author authorized

  27. 2025-04-24 Texas Legislature Online

    Reported favorably w/o amendments

  28. 2025-04-24 Texas Legislature Online

    Committee report printed and distributed

  29. 2025-04-08 Texas Legislature Online

    Considered in public hearing

  30. 2025-04-08 Texas Legislature Online

    Vote taken in committee

  31. 2025-04-03 Texas Legislature Online

    Scheduled for public hearing on . . .

  32. 2025-04-03 Texas Legislature Online

    Considered in public hearing

  33. 2025-04-03 Texas Legislature Online

    Testimony taken in committee

  34. 2025-04-03 Texas Legislature Online

    Left pending in committee

  35. 2025-03-24 Texas Legislature Online

    Read first time

  36. 2025-03-24 Texas Legislature Online

    Referred to Education K-16

  37. 2025-03-10 Texas Legislature Online

    Received by the Secretary of the Senate

  38. 2025-03-10 Texas Legislature Online

    Filed

Official Summary Text

Relating to prohibiting the investment of the permanent university fund, the Texas University Fund, or money held by a public institution of higher education in financial companies that boycott certain energy companies.

Current Bill Text

Read the full stored bill text 
89(R) SB 2138 - House Committee Report version - Bill Text

By: Creighton, et al.

S.B. No. 2138

(Frank)

A BILL TO BE ENTITLED

AN ACT

relating to prohibiting the investment of the permanent university

fund, the Texas University Fund, or money held by a public

institution of higher education in financial companies that boycott

certain energy companies.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Section 51.0031, Education Code, is amended by

adding Subsection (e) to read as follows:

(e)

Chapter 809, Government Code, applies to a governing

board as if the governing board were a state governmental entity

under that chapter.

SECTION 2. Section 62.143, Education Code, is amended by

adding Subsection (d) to read as follows:

(d)

Chapter 809, Government Code, applies to the Texas

University Fund as if the fund were a state governmental entity

under that chapter.

SECTION 3. Subchapter A, Chapter 66, Education Code, is

amended by adding Section 66.015 to read as follows:

Sec.

66.015.

PROHIBITION ON INVESTMENT IN FINANCIAL

COMPANIES THAT BOYCOTT CERTAIN ENERGY COMPANIES. Notwithstanding

Section 66.01, Chapter 809, Government Code, applies to the

permanent university fund as if the fund were a state governmental

entity under that chapter.

SECTION 4. This Act takes effect September 1, 2025.