Proposing a constitutional amendment providing for the maximum amount of money allowable in the economic stabilization fund.

SJR 4 proposes a constitutional amendment to increase the maximum allowable balance in Texas' economic stabilization fund from 10% to 15% of the previous biennium's general revenue deposits (excluding investment income and borrowed funds). This change would directly affect how the state manages its rainy-day fund, allowing it to hold more money during budget surpluses. The amendment requires voter approval in November 2025 and would take effect September 1, 2027, if passed. The bill was reported adversely by the Senate Finance Committee on April 3, 2025.