Texas 2019 - 86th Regular

Texas House Bill HJR76

Caption

Proposing a constitutional amendment providing for the creation of the Texas resilience infrastructure fund to assist in the financing of resilience projects.

Impact

The amendment to the Texas Constitution would empower the Texas Water Development Board to manage and disburse funds from this new resilience infrastructure fund without the need for further appropriation. This significant change puts in place a more streamlined process for funding resilience projects, which can be crucial for tackling the challenges brought by climate change and natural disasters. The establishment of this fund is expected to enhance public safety by ensuring that resources are readily available for flood prevention and damage mitigation.

Summary

House Joint Resolution 76 (HJR76) proposes a constitutional amendment that establishes the Texas Resilience Infrastructure Fund. This fund aims to assist in financing projects that are critical for preventing flooding and mitigating damage caused by severe weather events like rainstorms, hurricanes, and storm surges affecting the state of Texas. The resolution advocates for the creation of a special fund outside the general revenue fund, providing a dedicated financial resource for resilience initiatives.

Contention

While the resolution outlines a proactive approach to disaster preparedness, there may be points of contention regarding resource allocation and the potential impacts on state and local budgets. Critics may argue about the effectiveness of the fund in truly addressing the issues it seeks to mitigate, and whether existing resources within the state are sufficient to handle such initiatives. Additionally, there could be debates surrounding the specific projects that the fund will support and the criteria for funding distribution, ensuring that funds are used effectively and equitably across various communities in Texas.

Companion Bills

TX HB1800

Enabled by Relating to the Texas resilience infrastructure fund; authorizing the issuance of revenue bonds; making an appropriation.

Previously Filed As

TX SJR82

Proposing a constitutional amendment providing for the creation of the Texas power resiliency fund to finance backup power sources.

TX SJR75

Proposing a constitutional amendment creating the Texas water fund to assist in financing water projects in this state.

TX HB973

Relating to the creation and uses of the critical infrastructure resiliency fund and the eligibility of certain water-related projects for state financial assistance.

TX HJR130

Proposing a constitutional amendment creating the Texas water fund to assist in financing water projects in this state.

TX HJR116

Proposing a constitutional amendment creating the water for Texas fund to assist in financing water projects in this state.

TX SJR43

Proposing a constitutional amendment creating the water for Texas fund to assist in financing water projects in this state.

TX HJR125

Proposing a constitutional amendment creating the broadband infrastructure fund to expand high-speed broadband access and assist in the financing of connectivity projects.

TX SJR88

Proposing a constitutional amendment creating the utilities reliability fund and the utilities reliability revenue fund to provide financial support for projects that enhance the reliability and resiliency of the power grid in this state.

TX SJR80

Proposing a constitutional amendment creating the utilities reliability fund and the utilities reliability revenue fund to provide financial support for projects that enhance the reliability and resiliency of the power grid in this state.

TX SB2503

Relating to the use of money in the Texas infrastructure resiliency fund to finance projects related to natural disaster relief.

Similar Bills

No similar bills found.