The Ways and Means Committee is a significant body within the Texas Legislature, responsible for evaluating and making recommendations regarding financial policies and tax-related legislation. The committee is chaired by Republican Morgan Meyer, with Democratic Vice Chair Shawn Thierry. The committee includes a diverse group of members, representing both major political parties. As of the latest meeting records, no specific bills were under consideration, indicating a possible focus on preliminary discussions or organizational efforts for upcoming sessions. The committee's composition highlights a bipartisan approach, which may influence their strategies for addressing fiscal issues impacting the state.