House Bill 1 proposes $335.7 billion in state and federal spending, including $154.1 billion in general revenue spending. Senate Bill 1 recommends spending $332.9 billion in all funds, with $151.6 billion in general revenue spending for the cycle, which begins in September and ends in August 2027.

"SB 1 maintains our promise to Texans by keeping our state on a conservative path to greater prosperity,” Lt. Gov. Dan Patrick said. “Conservative budgeting principles used in SB 1 ensure that state government does not grow faster than population times inflation."

The state’s budget bill has been filed in the Texas Senate by Sen. Joan Huffman, R-Houston, who chairs the Texas Senate Finance Committee. SB 1 is the Texas Senate’s proposed state budget for the 2026-2027 biennium and written by Huffman,

Shortly after Lubbock Republican Rep. Dustin Burrows was elected Texas House speaker, Lt. Gov. Dan Patrick questioned the legitimacy of his victory and issued a legislative challenge. Perhaps it was a threat.