The Senate passed SB 500, a supplemental appropriations bill that approved expenditures of more than $4 billion from the Economic Stabilization Fund (ESF — also known as the Rainy Day Fund). A significant portion of the spending bill addresses costs related to Hurricane Harvey. 

SB 500 also appropriates $100 million for school safety "hardening" measures, such as metal detectors, fencing and security alarm systems.

$542 million from the ESF would be deposited into the TRS pension fund to pay for a one-time $500 payment to retirees (a modified "13th check"). 

The bill has been scheduled for a hearing in the House Appropriations Committee next week. Like SB 500, the House's version of the supplemental appropriations bill, HB 4, appropriates nearly $1 billion from the ESF for school-related Harvey expenses. The House bill does not include TRS or school safety funding at this time.