S.B. No. 2900 aims to enhance the efficiency and effectiveness of the operations of the Texas Comptroller's office by instituting a review process for existing boards and commissions under its jurisdiction. The bill introduces a new Subchapter U to Chapter 403 of the Government Code, which mandates the comptroller to assess each board, commission, committee, council, group, and task force associated with the office. This review will evaluate the ongoing necessity of these entities and their contribution to the efficient functioning of the comptroller's office. A report detailing the findings and identifying any boards or commissions that no longer serve a purpose is required to be submitted to the legislature by December 1, 2026.

Additionally, the bill amends Section 403.1041(e) of the Government Code to remove the requirement for the comptroller to consult with an advisory committee when using account earnings for investment expenses. It also repeals several provisions, including Section 403.028(f), Section 403.1042, and Section 403.618 of the Government Code. The act will take effect immediately upon receiving a two-thirds vote from both houses or on September 1, 2025, if such a vote is not achieved.

Statutes affected:
Introduced: Government Code 403.1041 (Government Code 403)