Monitoring the Session

SB 2138

Creighton’s bill extends the energy boycott rule to universities

Did not pass

Verdict: No flags

No flagsInitial review
Sen. Brandon CreightonRSenate 4

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

Caption

relating to prohibiting the investment of the permanent university fund, the Texas University Fund, or money held by a public institution of higher education in financial companies that boycott certain energy companies.

Caption from analyzed text · version I.

Summary

The permanent university fund follows the state agency rules now.

This bill applies the existing state law against investing with financial companies that boycott energy companies to Texas public universities. It covers university governing boards, the Texas University Fund, and the permanent university fund, which now must follow the same boycott-divestment rules that already bind state agencies. Starting September 1, 2025, those university funds and boards would have to avoid or pull money from financial firms that the state lists as boycotting energy companies.

Labels

Labels: ZOMBIE BILL. Died 2 times: 88R SB 1489 (Died in committee) and this bill (Did not pass). Checked against 88R only.DO-OVER. Reworked text of a bill filed before that died: 88R SB 1489 (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.GOT HALFWAY. Passed the Senate on May 8, 2025. Died in the House: voted out of the Higher Education committee 6-4, no floor vote.

Receipt

The receipt

89R-SB2138 · 2025-03-10

SOLD BY

Sen. Brandon CreightonRSenate 4

+ 4 coauthors

ITEM

relating to prohibiting the investment of the permanent university fund, the Texas University Fund, or money held by a public institution of higher education in financial companies that boycott certain energy companies.

WHAT IT DOES

The permanent university fund follows the state agency rules now.

This bill applies the existing state law against investing with financial companies that boycott energy companies to Texas public universities. It covers university governing boards, the Texas University Fund, and the permanent university fund, which now must follow the same boycott-divestment rules that already bind state agencies. Starting September 1, 2025, those university funds and boards would have to avoid or pull money from financial firms that the state lists as boycotting energy companies.

CHARGES

[ ] NONE FOUND

TOTAL

No first-year general revenue figure available here.

LBB estimate · fiscal note version I · source

Sources

Fiscal note · version I · April 2, 2025

The fiscal implications of the bill cannot be determined due to the future actions of external financial companies being unknown.

LBB published estimates · flow over the stated periods.

Source snapshot 2026-10-19, Central time.

HISTORY

  1. Received by the Secretary of the Senate
  2. Filed
  3. Read first time
  4. Referred to Education K-16
  5. Scheduled for public hearing on . . .
  6. Considered in public hearing
  7. Testimony taken in committee
  8. Left pending in committee
  9. Considered in public hearing
  10. Vote taken in committee
  11. Reported favorably w/o amendments
  12. Committee report printed and distributed
  13. Co-author authorized
  14. Placed on intent calendar
  15. Not again placed on intent calendar
  16. Placed on intent calendar
  17. Co-author authorized
  18. Rules suspended-Regular order of business
  19. Record vote
  20. Read 2nd time & passed to engrossment
  21. Record vote
  22. Co-author authorized
  23. Rules suspended-Regular order of business
  24. Record vote
  25. Read 3rd time
  26. Passed
  27. Record vote
  28. Reported engrossed
  29. Received from the Senate
  30. Read first time
  31. Referred to Higher Education
  32. Scheduled for public hearing on . . .
  33. Meeting cancelled
  34. Considered in formal meeting
  35. Reported favorably w/o amendment(s)
  36. Comte report filed with Committee Coordinator
  37. Committee report distributed
  38. Committee report sent to Calendars
FILED UNDER

No verified beat found.

SIGNED FOR BY

Senate · 23 yea · 8 nay

Sources

Senate: Final passage · May 8, 2025. Journal. Published stock for this vote. Snapshot 2026-10-19, Central time.

All floor motions and other positions below.

No flags

THANK YOU FOR CHECKING THE RECEIPT

CAMPAIGN PAID FOR BY

CAMPAIGN PAID FOR BY

Brandon Creighton

Donors

Donors report through Friends of Brandon Creighton.

Not tied to this bill.

Sources

The author's campaign account only. Own money and internal transfers are separate on the member page.

$0 raised since Jul 1, 2024. Derived sum of published report totals. blank in the state's data, consistent with zero. Flow, Jul 1, 2024 through Jun 30, 2026. State filing data as of Nov 4, 2026. 4 of 4 filed reports carry a published figure.

Report 101060909: Published total from the filed report. Retrieved Oct 29, 2026. Filed report 101060909

$0 spent Jan 1, 2026 to Jun 30, 2026. Published total from the filed report. Flow, Jan 1, 2026 through Jun 30, 2026. State filing data as of Nov 4, 2026. 1 of 1 filed reports carry a published figure.

Report 101060909: Published total from the filed report. Retrieved Oct 29, 2026. Filed report 101060909

$0 cash on hand. Published report total. Stock, as of Jun 30, 2026. State filing data as of Nov 4, 2026.

$0 loans outstanding. Published report total. Stock, as of Jun 30, 2026. State filing data as of Nov 4, 2026.

Derived sum of itemized contributions in regular reports and uncovered special-session dates. Unitemized contributions are not included. Flow, Jul 1, 2024 through Jun 30, 2026. State filing data as of Nov 4, 2026.

Money

Missing data does not establish zero giving. Display amounts are rounded.

Votes4

Senate May 8, 2025

Yea
23
Nay
8
Present, not voting
Not printed
Absent
0
Excused
0
Names

Named positions matched to lawmakers. See the journal for unmatched names.

Senate journal

Sources

The bill was read third time and was passed by the following vote: Yeas 23, Nays 8. (Same as previous roll call)

Published stock of positions for this vote, except where marked derived.

  • Yea: 23 (published)
  • Nay: 8 (published)
  • Present, not voting: Not printed
  • Absent: 0 (derived from named list)
  • Excused: 0 (derived from named list)

Senate journal. Source snapshot 2026-10-19, Central time.

Senate May 8, 2025

Yea
23
Nay
8
Present, not voting
Not printed
Absent
0
Excused
0
Names

Named positions matched to lawmakers. See the journal for unmatched names.

Senate journal

Sources

Senator A. Hinojosa, on behalf of Senator Creighton, moved to suspend the regular order of business to take up for consideration SB 2138 at this time on its third reading and final passage: SB 2138, Relating to prohibiting the investment of the permanent university fund, the Texas University Fund, or money held by a public institution of higher education in financial companies that boycott certain energy companies. The motion prevailed by the following vote: Yeas 23, Nays 8.

Published stock of positions for this vote, except where marked derived.

  • Yea: 23 (published)
  • Nay: 8 (published)
  • Present, not voting: Not printed
  • Absent: 0 (derived from named list)
  • Excused: 0 (derived from named list)

Senate journal. Source snapshot 2026-10-19, Central time.

Senate May 7, 2025

Yea
23
Nay
8
Present, not voting
Not printed
Absent
0
Excused
0
Names

Named positions matched to lawmakers. See the journal for unmatched names.

Senate journal

Sources

The bill was read second time and was passed to engrossment by the following vote: Yeas 23, Nays 8. (Same as previous roll call)

Published stock of positions for this vote, except where marked derived.

  • Yea: 23 (published)
  • Nay: 8 (published)
  • Present, not voting: Not printed
  • Absent: 0 (derived from named list)
  • Excused: 0 (derived from named list)

Senate journal. Source snapshot 2026-10-19, Central time.

Senate May 7, 2025

Yea
23
Nay
8
Present, not voting
Not printed
Absent
0
Excused
0
Names

Named positions matched to lawmakers. See the journal for unmatched names.

Senate journal

Sources

Senator Creighton moved to suspend the regular order of business to take up for consideration SB 2138 at this time on its second reading: SB 2138, Relating to prohibiting the investment of the permanent university fund, the Texas University Fund, or money held by a public institution of higher education in financial companies that boycott certain energy companies. The motion prevailed by the following vote: Yeas 23, Nays 8.

Published stock of positions for this vote, except where marked derived.

  • Yea: 23 (published)
  • Nay: 8 (published)
  • Present, not voting: Not printed
  • Absent: 0 (derived from named list)
  • Excused: 0 (derived from named list)

Senate journal. Source snapshot 2026-10-19, Central time.

Witnesses9
For
2
Against
6
On
1
Names

For

  • FGA Action1 registration
  • Self; American Energy Works1 registration

Against

  • Self6 registrations

On

  • Texas Treasury Safekeeping Trust Company1 registration
Sources

9 parsed registrations across the loaded witness lists.

Derived stock of witness registrations. Repeated appearances count separately. Organizations and self-representation appear as printed.

Senate witness list. Source snapshot 2026-10-20, Central time.

Fiscal

No first-year general revenue figure available here.

LBB estimate · fiscal note version I · source

Sources

Fiscal note · version I · April 2, 2025

The fiscal implications of the bill cannot be determined due to the future actions of external financial companies being unknown.

LBB published estimates · flow over the stated periods.

Source snapshot 2026-10-19, Central time.

How this was graded

Analysis of text version I by claude-opus-5-5, Oct 20, 2026, against the published rubric.

FILED BEFORE

Filed 2 times: 88R and 89R. Checked against 88R only.

88R SB 1489

by Sen. Creighton, same lead author · Died in committee · reworked

Introduced text

Last action, May 10, 2023: Referred to Higher Education

Relating to prohibiting the investment of the permanent university fund, the national research university fund, or money held by a public institution of higher education in financial companies that boycott certain energy companies.

Caption, 88R bill history

Sources

Texas Senate · Filed Mar 10, 2025

05/23/2025 H Committee report sent to Calendars

Texas Legislature Online · Introduced · Senate Committee Report · Engrossed · House Committee Report

Data snapshot Oct 26, 2026 at 4:20 AM CDT. Grades, charges, quotes and corrections follow the published record.

Coauthors
Donna CampbellRSenate 25 Adam HinojosaRSenate 27 Phil KingRSenate 10 Kevin SparksRSenate 31
Sponsors
James FrankRHouse 69

House committee · Higher Education · Committee vote 6 aye, 4 nay, 1 absent · Out of committee

Senate committee · Education K-16 · Committee vote 8 aye, 2 nay, 1 absent · Out of committee

Subjects

Education--Higher--Finance

Energy--General

State Finances--Appropriations

PERMANENT UNIVERSITY FUND

Text

The text as introduced · 200 words

89R1918 KJE-F

By: Creighton
S.B. No. 2138

A BILL TO BE ENTITLED

AN ACT

relating to prohibiting the investment of the permanent university

fund, the Texas University Fund, or money held by a public

institution of higher education in financial companies that boycott

certain energy companies.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Section 51.0031, Education Code, is amended by

adding Subsection (e) to read as follows:

(e) Chapter 809, Government Code, applies to a governing

board as if the governing board were a state governmental entity

under that chapter.

SECTION 2. Section 62.143, Education Code, is amended by

adding Subsection (d) to read as follows:

(d) Chapter 809, Government Code, applies to the Texas

University Fund as if the fund were a state governmental entity

under that chapter.

SECTION 3. Subchapter A, Chapter 66, Education Code, is

amended by adding Section 66.015 to read as follows:

Sec. 66.015. PROHIBITION ON INVESTMENT IN FINANCIAL

COMPANIES THAT BOYCOTT CERTAIN ENERGY COMPANIES. Notwithstanding

Section 66.01, Chapter 809, Government Code, applies to the

permanent university fund as if the fund were a state governmental

entity under that chapter.

SECTION 4. This Act takes effect September 1, 2025.