Texas 2017 - 85th Regular

Texas House Bill HCR108

Caption

Directing the comptroller of public accounts to reduce the amounts of certain revenue that would otherwise be deposited to the state highway fund for the 2018 and 2019 state fiscal years.

Impact

The financial implications of HCR108 are substantial, as it affects funding for state highway infrastructure projects which rely heavily on the highway fund. As the highway fund is integral to road maintenance and development, this reduction could lead to a decrease in the available resources for such projects, potentially impacting transportation quality and safety across Texas. Concerns may arise regarding postponed or scaled-back infrastructure improvements, which could ultimately affect economic growth and development related to transport accessibility.

Summary

HCR108 is a concurrent resolution adopted by the Texas Legislature that directs the comptroller of public accounts to reduce the amount of money deposited into the state highway fund for the 2018 and 2019 state fiscal years. Specifically, it mandates a 50% reduction in the deposits that would ordinarily be credited to the highway fund, as stipulated under the Texas Constitution. The resolution requires a two-thirds majority vote in both houses for approval, emphasizing its significance and the necessity for substantial legislative support.

Contention

The resolution's requirement of a two-thirds vote reflects potential contention surrounding the financial management of highway funds. Lawmakers may debate the rationale behind reducing highway fund revenues and discuss alternative measures to balance fiscal responsibilities without undermining essential infrastructure funding. Possible points of contention may include differing opinions on the prioritization of state expenditures and potential dissatisfaction among local government officials reliant on state funding for their respective road maintenance needs.

Companion Bills

No companion bills found.

Previously Filed As

TX SCR2

Extending the duty of the comptroller of public accounts under Section 7-c, Article VIII, Texas Constitution, to deposit certain tax revenue to the state highway fund.

TX HCR47

Extending the duty of the comptroller of public accounts under Section 7-c, Article VIII, Texas Constitution, to deposit certain tax revenue to the state highway fund.

TX HJR1

Proposing a constitutional amendment creating the state school safety fund to provide ongoing financial support for projects that ensure the safety of public schools in this state and providing for the transfer of certain general revenues to that fund, the economic stabilization fund, and the state highway fund.

TX HJR27

Proposing a constitutional amendment providing for the creation of and use of money in the Grow Texas fund and allocating certain general revenues to that fund, the economic stabilization fund, and the state highway fund.

TX HJR169

Proposing a constitutional amendment providing for the dedication of certain sales and use tax revenue to a special fund established in the state treasury to pay for water infrastructure in this state.

TX HJR111

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, the state highway fund, the oil and gas regulation and cleanup account, the Texas emissions reduction plan fund, and the property tax relief fund.

TX HB5215

Relating to the use of certain money transferred to and deposited in the state highway fund as required by the Texas Constitution.

TX SJR27

Proposing a constitutional amendment creating the Texas Connectivity Fund for the development of broadband and other telecommunications services in all areas of the state and authorizing the appropriation to that fund of a portion of revenue received from the existing state sales and use taxes on telecommunications services while not increasing the rate of the sales and use taxes.

TX HB2207

Relating to the allocation of certain constitutional transfers of money to the economic stabilization fund, the state highway fund, the oil and gas regulation and cleanup account, the Texas emissions reduction plan fund, the property tax relief fund, and the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund and to the permissible uses of money deposited to the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund.

TX HJR203

Proposing a constitutional amendment providing for the creation of the Texas legacy fund and the Texas legacy distribution fund, dedicating the Texas legacy distribution fund to certain state infrastructure projects or the reduction of certain long-term obligations, and providing for the transfer of certain general revenues to the economic stabilization fund, the Texas legacy fund, and the state highway fund.

Similar Bills

No similar bills found.