Texas Senate Bill SJR43

Texas 2015 - 84th Regular

Caption

Proposing a constitutional amendment prohibiting the issuance of certain debt and the use of certain revenue for toll roads.

Impact

The passage of SJR43 would significantly alter state fiscal policies regarding transportation funding. By restricting the use of debt and certain revenues for toll roads, the bill reflects a shift in focus towards conventional public roadways. Additionally, it reinforces the notion that state revenues collected from vehicle-related taxes should primarily benefit the maintenance and construction of non-toll roads. This change could potentially redirect funds towards traditional highway projects rather than toll infrastructure, impacting transportation development strategies at the state level.

Summary

SJR43 proposes a constitutional amendment that aims to prohibit the issuance of certain types of debt and restricts the use of specific revenues for toll roads in Texas. The amendment would modify Sections 49-m, 49-n, and 49-p of Article III, as well as Sections 7-a and 7-b of Article VIII of the Texas Constitution. The intent of this legislation is to lock in a framework that limits state borrowing for toll road purposes and directs revenues, such as those from motor vehicle registration fees and fuel taxes, away from funding toll roads and into other highway improvement projects instead.

Contention

The amendment is likely to provoke debate among legislators, particularly regarding the implications for future transportation funding and public revenue management. Proponents argue that this amendment will enhance transparency and accountability in how transportation funds are allocated, while detractors may raise concerns about limiting the flexibility of state agencies in funding essential infrastructure projects, particularly in growing urban areas where toll roads might be necessary to manage increasing traffic demands. Stakeholders in the transportation sector and local governments may view this bill as restrictive and potentially detrimental to future roadway projects.