Texas House Bill HJR63

Texas 2013 - 83rd Regular

Caption

Proposing a constitutional amendment dedicating a portion of the state's oil and gas tax revenue to construction, reconstruction, acquisition, and expansion of roads in counties in which a shale formation is located.

Impact

Should HJR63 be enacted, it is expected to have a positive impact on state laws relating to infrastructure funding and resource allocation. The amendment would allow for a systematic approach to channeling oil and gas revenues directly into road improvements, thus potentially reducing the financial strain on local governments. The bill's passage could lead to better-maintained roads in shale counties, enhancing vehicle access for residents and businesses, which could support economic activities in those areas. Furthermore, it signifies a strategic governmental effort to use natural resource revenues for direct benefits in regions most directly affected by extraction activities.

Summary

HJR63 proposes a constitutional amendment aimed at dedicating a portion of the state's oil and gas tax revenue specifically for construction, reconstruction, acquisition, and expansion of roads in counties that are located within or adjacent to a shale formation. This legislative effort emphasizes the need for enhanced infrastructure in areas where oil and gas extraction activities are prevalent, recognizing that such economic activities can significantly impact local transportation needs and safety. The implication of this bill is that it would create a specific funding stream tied to the fluctuations of oil and gas revenues, which could be effective in improving and maintaining local roads critical for transportation and commerce in these regions.

Sentiment

The sentiment around HJR63 seems to be generally positive, especially among stakeholders advocating for infrastructure improvement in shale regions. Supporters of the bill view it as a necessary step to ensure that localities receive adequate funding to support the transportation needs created by oil and gas production. However, there may also be concerns raised about the potential over-reliance on volatile oil revenue as a funding source, highlighting an underlying apprehension regarding revenue stability in the face of fluctuating oil markets.

Contention

Notable points of contention surrounding HJR63 may center on the prioritization of funding for infrastructure projects in shale counties over other areas that might need similar assistance. Critics could argue that this focus may lead to disparities in infrastructure quality across the state, favoring economically robust areas at the expense of others in greater need of support. The debate may also examine the sustainability of using oil and gas revenues as a consistent funding source given the uncertainties in the fossil fuel market and the broader push toward renewable energy sources.