Video & Transcript DataContr Research : 'law school'
Page 58 of 58
TX
Transcript Highlights:
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I think it is important to point out that under current law
Keywords:
alcohol, taxation, reporting requirements, sales, distribution, death tax, inheritance tax, estate tax, property transfer, constitutional amendment, water fund, Texas water supply, constitutional amendment, state revenue, infrastructure, water infrastructure, HJR7, Texas Water Plan, funding, desalination
Summary:
The meeting focused on HJR7, with substantial discussions surrounding Texas' dire water infrastructure needs and proposed funding allocations. The committee, led by Chairman Perry, emphasized the necessity for a dedicated funding source to address an estimated $154 billion required for both water supply projects and repairing aging infrastructure. Witnesses, including executives from various engineering and environmental organizations, testified about the critical state of Texas' water systems and the anticipated shortfall of 6.8 million acre-feet of water annually by 2070. Testimony highlighted the urgency of implementing strategies such as desalination and flood mitigation to secure Texas' future water resources.