Monitoring the SessionHB 1062
Died in committee
Initial review · graded Oct 20, 2026 · Headline, summary and grade are analysis of the bill text, not a finding about any person · How we grade
relating to purchasing gold and silver bullion for this state to hold in the Texas Bullion Depository; making an appropriation.
Caption from analyzed text · version I.
$4 billion gold, $1 billion silver, into the Texas Bullion Depository!
The bill orders the state comptroller to try to buy $4 billion in gold and $1 billion in silver during the 2025-2027 budget period. It moves $5 billion out of the state's general revenue fund to pay for the purchase and puts the metal in the Texas Bullion Depository in a state account. Taxpayer money that would otherwise sit in the general fund becomes state-held precious metal starting September 1, 2025.
Labels: ZOMBIE BILL. Died 2 times: 88R HB 4305 (Died in committee) and this bill (Died in committee). Checked against 88R only.BACK FROM THE DEAD. Same text as a bill filed before that died: 88R HB 4305 (Died in committee). Filed in 2 sessions, counting this one. Checked against 88R only.TRY NO. 2. Filed in 2 sessions: 88R and 89R. Checked against 88R only.NEVER GOT A HEARING. Filed Nov 12, 2024 and referred to the House Pensions, Investments & Financial Services committee. No public hearing. The bill died.
89R-HB1062 · 2024-11-12
relating to purchasing gold and silver bullion for this state to hold in the Texas Bullion Depository; making an appropriation.
$4 billion gold, $1 billion silver, into the Texas Bullion Depository!
The bill orders the state comptroller to try to buy $4 billion in gold and $1 billion in silver during the 2025-2027 budget period. It moves $5 billion out of the state's general revenue fund to pay for the purchase and puts the metal in the Texas Bullion Depository in a state account. Taxpayer money that would otherwise sit in the general fund becomes state-held precious metal starting September 1, 2025.
[ ] NONE FOUND
No fiscal note in the loaded record.
No verified beat found.
THANK YOU FOR CHECKING THE RECEIPT
CAMPAIGN PAID FOR BY
Not tied to this bill.
The author's campaign account only. Own money and internal transfers are separate on the member page.
Derived itemized flow · Oct 28, 2024 to Oct 24, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
$381,050.00
Also funds 42 other sitting lawmakers.
Derived recipient stock · Jan 23, 2026 to Oct 23, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamDerived itemized flow · Aug 14, 2026 to Oct 23, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 101069938, 101072345.
$211,000.00
Also funds 44 other sitting lawmakers.
Derived recipient stock · Jun 24, 2025 to Oct 23, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamDerived itemized flow · Jun 25, 2025 to Oct 6, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 101007777, 101036063, 101041570, 101069938, 101072345.
$160,036.00
Also funds 137 other sitting lawmakers.
Derived recipient stock · Jul 24, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamDerived itemized flow · Jun 27, 2025 to Sep 24, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 101007777, 101036063, 101041570, 101061158, 101069938.
Missing data does not establish zero giving. Display amounts are rounded.
$381,050.00
Also funds 42 other sitting lawmakers.
Derived recipient stock · Jan 23, 2026 to Oct 23, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamDerived itemized flow · Aug 14, 2026 to Oct 23, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 101069938, 101072345.
$211,000.00
Also funds 44 other sitting lawmakers.
Derived recipient stock · Jun 24, 2025 to Oct 23, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamDerived itemized flow · Jun 25, 2025 to Oct 6, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 101007777, 101036063, 101041570, 101069938, 101072345.
$160,036.00
Also funds 137 other sitting lawmakers.
Derived recipient stock · Jul 24, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamDerived itemized flow · Jun 27, 2025 to Sep 24, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 101007777, 101036063, 101041570, 101061158, 101069938.
No floor vote loaded for this bill.
No fiscal note in the loaded record.
Analysis of text version I by claude-opus-5-5, Oct 20, 2026, against the published rubric.
Filed 2 times: 88R and 89R. Checked against 88R only.
by Rep. Dorazio, same lead author · Died in committee · same text
Introduced textLast action, Mar 21, 2023: Referred to Pensions, Investments & Financial Services
Relating to purchasing gold and silver bullion for this state to hold in the Texas Bullion Depository; making an appropriation.
Caption, 88R bill history
Texas House · Filed Nov 12, 2024
03/07/2025 H Referred to Pensions, Investments & Financial Services: Mar 7 2025 2:33PM
Texas Legislature Online · Introduced
Data snapshot Oct 26, 2026 at 4:20 AM CDT. Grades, charges, quotes and corrections follow the published record.
House committee · Pensions, Investments & Financial Services · Final status: Died in committee
State Finances--Management & Control
COINS & PRECIOUS METALS
COMPTROLLER OF PUBLIC ACCOUNTS
TEXAS BULLION DEPOSITORY, OFFICE OF THE COMPTROLLER
The text as introduced · 167 words
89R1099 KJE-D By: Dorazio H.B. No. 1062 A BILL TO BE ENTITLED AN ACT relating to purchasing gold and silver bullion for this state to hold in the Texas Bullion Depository; making an appropriation. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. (a) The comptroller of public accounts shall undertake to purchase during the state fiscal biennium beginning September 1, 2025: (1) $4 billion worth of gold bullion; and (2) $1 billion worth of silver bullion. (b) The comptroller of public accounts shall deposit the bullion purchased under Subsection (a) of this section into the Texas Bullion Depository to the credit of an account held by this state. SECTION 2. The amount of $5 billion is appropriated from the general revenue fund to the comptroller of public accounts for the state fiscal biennium beginning September 1, 2025, for the purpose of purchasing $4 billion in gold bullion and $1 billion in silver bullion. SECTION 3. This Act takes effect September 1, 2025.