Hegar announces transfer of $7.3 billion to State Highway, Rainy Day Funds

Hegar announces transfer of $7.3 billion to State Highway, Rainy Day Funds

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Texas Comptroller Glenn Hegar announced he has completed the transfer of about $7.3 billion into the State Highway Fund (SHF) and the Economic Stabilization Fund (ESF; commonly known as the “Rainy Day Fund”). Each fund received nearly $3.64 billion, or 50 percent of the total transfer. ...

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