H.B. No. 4486 is a legislative bill that appropriates funds from various state accounts to settle specific claims and judgments against the State of Texas. The bill outlines payments for a range of claims, including refunds for void warrants, reimbursements for services, and legal fees related to a case against Meta Platforms, Inc. Notably, the bill specifies that before any claim can be paid, it must be verified and approved by the attorney general and the comptroller of public accounts. Claims that are not substantiated by August 31, 2027, will not be eligible for payment.
The bill also includes provisions for the comptroller to issue warrants for the approved claims and mandates that each claim must contain detailed information, including the reason for the claim and documentation of any unpaid goods or services. The act is set to take effect on September 1, 2025, with a specific provision that Section 5 will only take effect if it receives a two-thirds vote from the legislature.