Proposing a constitutional amendment relating to the disposition of proceeds from the development or sale of the rights to natural resources or minerals in land held by Webb County for the county permanent school fund.
Impact
The amendment would permit Webb County, which is defined by specific demographic parameters, to not only engage in the development or sale of these resources but also to recover associated expenses. The county could retain part of the proceeds to reimburse its reasonable and necessary expenses incurred during such dispositions. Remaining proceeds would then be distributed to the local school districts on a per-student basis, therefore potentially impacting the funding levels for public education within the region.
Summary
HJR142 proposes a constitutional amendment that focuses on the management of proceeds resulting from the development or sale of natural resources or minerals on land held for the county permanent school fund, specifically in Webb County. The bill aims to allow the county to develop or sell rights to these natural resources and establish a framework for how proceeds from such transactions can be handled. This change is intended to enhance the financial flexibility of the county regarding educational funding.
Contention
Debates surrounding HJR142 may arise regarding the implications of allowing a specific county to capitalize on its natural resources while affecting educational funding structures. Supporters might argue that it provides a necessary source of revenue that can significantly benefit local schools, especially given the fiscal pressures many educational institutions face. Conversely, opponents could raise concerns about the sustainability of such funding mechanisms, particularly if outcomes adversely influence local environmental practices or if they create disparities between different counties.
Enabled by
Relating to disposition of proceeds from the development or sale of the rights to natural resources or minerals in land held by Webb County for the county permanent school fund.
Proposing a constitutional amendment dedicating to the national research university fund a portion of certain income from the lease for oil and gas exploration of land dedicated to the permanent university fund.
Proposing a constitutional amendment providing for the creation of the Texas land and water conservation fund to assist in preserving critical natural resources in this state.
Proposing a constitutional amendment creating the state school safety fund to provide financial support for projects that enhance the safety of public schools in this state.
Proposing a constitutional amendment to require that future constitutional amendments become effective only if approved by a majority of the voters in at least three-fourths of the counties of the state.
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.
Proposing a constitutional amendment to entitle all component institutions of The Texas A&M University System and The University of Texas System to participate in the income and other benefits of the permanent university fund.