S.B. No. 2900 is a legislative bill that focuses on the review and oversight of certain advisory entities and work groups associated with the Texas Comptroller of Public Accounts. The bill introduces a new section, 403.0148, which mandates the comptroller to review each advisory entity under their jurisdiction by assessing their necessity and effectiveness in promoting the efficient operation of the office. A report detailing the findings of this review must be submitted to the legislature by December 1, 2026, and the section will expire on December 31, 2026. Additionally, the bill amends existing sections of the Government Code to clarify the roles and responsibilities of the advisory committee related to the tobacco settlement permanent trust account and establishes an investment advisory board to assist the comptroller.

The bill also includes several deletions and repeals of outdated provisions, such as the oversight committee and various sections of the Government Code that are no longer deemed necessary. Notably, it modifies the definition of the advisory committee and outlines the requirements for its members, including their qualifications and the prohibition of compensation for their service. The bill aims to streamline the advisory processes and enhance the accountability of the entities under the comptroller's purview, ensuring that they operate effectively and in alignment with current needs.

Statutes affected:
Introduced: Government Code 403.1041 (Government Code 403)
Senate Committee Report: Government Code 403.1041, Government Code 403.610, Government Code 403.615, Health and Safety Code 12.137, The following provisions of the Government Code 403.1041 (The following provisions of the Government Code 403, Health and Safety Code 12, Government Code 403)
Engrossed: Government Code 403.1041, Government Code 403.610, Government Code 403.615, Health and Safety Code 12.137, The following provisions of the Government Code 403.1041 (The following provisions of the Government Code 403, Health and Safety Code 12, Government Code 403)
House Committee Report: Government Code 403.1041, Government Code 403.610, Government Code 403.615, Health and Safety Code 12.137, The following provisions of the Government Code 403.1041 (The following provisions of the Government Code 403, Health and Safety Code 12, Government Code 403)
Enrolled: Government Code 403.1041, Government Code 403.610, Government Code 403.615, Government Code 404.028, Government Code 404.101, Health and Safety Code 12.137 (Government Code 404, The following provisions of the Government Code 403, Health and Safety Code 12, Government Code 403)