Relating to dedicating certain state revenue to the purpose of retiring state debt.

Texas Senate Bill 319 requires the state comptroller to redirect specific revenue streams toward retiring state debt. It mandates that when the comptroller reduces transfers to the economic stabilization fund (as allowed by the Texas Constitution), that amount must instead be allocated to a dedicated "state debt retirement account." Similarly, interest payments that would normally go to the economic stabilization fund must be credited to this debt account. Funds in this account can only be used to pay principal or interest on state bonds or obligations, and any remaining balance after debt is paid is moved to the general revenue fund for other state purposes. The bill takes effect September 1, 2025.