SJR 48

Proposing a constitutional amendment providing for the creation of the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund, dedicating the money in that fund to benefit areas of the state significantly affected by oil and gas production, and providing for the transfer of certain general revenues to that fund, the economic stabilization fund, and certain other funds and accounts.

Principle Criteria

Free Enterprise

Property Rights

Personal Responsibility

Limited Government

Individual Liberty

Digest

SJR 48 proposes creating the Texas Severance Tax Revenue and Oil and Natural Gas (Texas STRONG) Defense Fund. The fund would benefit areas significantly impacted by oil and gas production. It reallocates general revenues, including a portion for property tax relief and environmental programs, with an annual cap on transfers to the fund.

Author (1)

Cesar Blanco

Contact the Author

Sen. Cesar Blanco

Capitol Phone:

Capitol Office:

CAP 3E.2

E-Mail:

[email protected]

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