---
type: "Bill"
title: "Relating to the management of the permanent school fund by the School Land Board and the State Board of Education and a study regarding distributions from the permanent school fund to the available school fund."
description: "Relating to the management of the permanent school fund by the School Land Board and the State Board of Education and a study regarding distributions from the permanent school fund to the available school fund."
jurisdiction: "us/states/tx"
legislature: "Texas Legislature"
session: "86"
identifier: "HB 4388"
citation: "Texas HB 4388 (86)"
classification: ["bill"]
subjects: ["Education--Primary & Secondary--Finance (I0250)", "PERMANENT SCHOOL FUND (S0407)", "EDUCATION AGENCY", "TEXAS (V9941)", "EDUCATION", "STATE BOARD OF (V0086)", "SCHOOL LAND BOARD (V0103)"]
status: "enacted"
primary_sponsors: ["Campbell", "Capriglione", "Huberty", "Murphy", "Shine", "Zerwas"]
version_count: 1
action_count: 58
vote_count: 6
first_action: "2019-03-08"
last_action: "2019-06-07"
source: "openstates"
source_identifier: "ocd-bill/3da64b8f-0d8a-4d29-8f32-4f67b06ee513"
source_url: "ftp://ftp.legis.state.tx.us/bills/86R/billhistory/house_bills/HB04300_HB04399/HB 4388.xml"
source_hash: "83be32d8bcc283d7e02de40aec4ae44636c0ffaced2e2a464501f0106c8ef190"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-tx"]
---

# Texas HB 4388 (86) — Relating to the management of the permanent school fund by the School Land Board and the State Board of Education and a study regarding distributions from the permanent school fund to the available school fund.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](http://www.legis.state.tx.us/tlodocs/86R/billtext/html/HB04388I.HTM)

## Votes

- other — **0–0** (fail) · upper
- passage — **142–4** (pass) · lower
- other — **0–0** (fail) · upper
- passage — **141–0** (pass) · lower
- other — **0–0** (fail) · upper
- other — **141–0** (fail) · upper

## Sponsors

- Campbell — primary (person)
- Capriglione — primary (person)
- Huberty — primary (person)
- Murphy — primary (person)
- Shine — primary (person)
- Zerwas — primary (person)
- Allen — cosponsor (person)
- Bohac — cosponsor (person)
- Calanni — cosponsor (person)
- Cortez — cosponsor (person)
- Dominguez — cosponsor (person)
- Flynn — cosponsor (person)
- Geren — cosponsor (person)
- Howard — cosponsor (person)
- Lambert — cosponsor (person)
- Nevárez — cosponsor (person)
- Raymond — cosponsor (person)
- Sanford — cosponsor (person)
- Smithee — cosponsor (person)
- Stephenson — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2019-03-08** Filed `filing`
- **2019-03-25** Read first time `introduction, reading-1`
- **2019-03-25** Referred to Pensions, Investments & Financial Services `referral-committee`
- **2019-04-18** Considered in public hearing
- **2019-04-18** Committee substitute considered in committee
- **2019-04-18** Testimony taken/registration(s) recorded in committee
- **2019-04-18** Reported favorably as substituted `committee-passage-favorable`
- **2019-04-25** Comte report filed with Committee Coordinator
- **2019-04-25** Committee report distributed
- **2019-04-26** Committee report sent to Calendars
- **2019-04-29** Considered in Calendars
- **2019-05-01** Placed on General State Calendar
- **2019-05-06** Read 2nd time `reading-2`
- **2019-05-06** Statement of Leg. Intent Recorded in Journal
- **2019-05-06** Passed to engrossment
- **2019-05-07** Read 3rd time `reading-3`
- **2019-05-07** Passed `passage`
- **2019-05-07** Record vote
- **2019-05-07** Statement(s) of vote recorded in Journal
- **2019-05-07** Reported engrossed
- **2019-05-07** Received from the House `introduction`
- **2019-05-10** Read first time `introduction, reading-1`
- **2019-05-10** Referred to Education `referral-committee`
- **2019-05-16** Scheduled for public hearing on . . .
- **2019-05-16** Considered in public hearing
- **2019-05-16** Testimony taken in committee
- **2019-05-17** Reported favorably w/o amendments `committee-passage-favorable`
- **2019-05-17** Committee report printed and distributed
- **2019-05-21** Placed on intent calendar
- **2019-05-22** Not again placed on intent calendar
- **2019-05-22** Rules suspended-Regular order of business
- **2019-05-22** Read 2nd time `reading-2`
- **2019-05-22** Amendment(s) offered `amendment-introduction`
- **2019-05-22** Amended `amendment-passage`
- **2019-05-22** Vote recorded in Journal
- **2019-05-22** Amendment(s) offered `amendment-introduction`
- **2019-05-22** Amended `amendment-passage`
- **2019-05-22** Vote recorded in Journal
- **2019-05-22** Passed to 3rd reading as amended
- **2019-05-22** Vote recorded in Journal
- **2019-05-22** Three day rule suspended
- **2019-05-22** Record vote
- **2019-05-22** Read 3rd time `reading-3`
- **2019-05-22** Passed `passage`
- **2019-05-22** Record vote
- **2019-05-22** Senate passage as amended reported
- **2019-05-23** Senate Amendments distributed
- **2019-05-23** Senate Amendments Analysis distributed
- **2019-05-24** House concurs in Senate amendment(s)
- **2019-05-24** Record vote
- **2019-05-24** Text of Senate Amendment(s)
- **2019-05-24** House concurs in Senate amendment(s)-reported
- **2019-05-26** Reported enrolled
- **2019-05-27** Signed in the House
- **2019-05-27** Signed in the Senate
- **2019-05-29** Sent to the Governor `executive-receipt`
- **2019-06-07** Signed by the Governor `executive-signature`
- **2019-06-07** Effective on 9/1/19 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/3da64b8f-0d8a-4d29-8f32-4f67b06ee513`. Confidence: reported (aggregated from official Texas legislature records).