Texas 2017 - 85th Regular

Texas House Bill HCR103 Compare Versions

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11 85R27009 RMA-D
22 By: Anchia H.C.R. No. 103
33 Substitute the following for H.C.R. No. 103:
44 By: Anchia C.S.H.C.R. No. 103
55
66
77 HOUSE CONCURRENT RESOLUTION
88 WHEREAS, Since 1994, the North American Free Trade Agreement
99 has transformed economic relations among the United States, Mexico,
1010 and Canada; and
1111 WHEREAS, The accord has driven unprecedented integration
1212 among the economies, helping to more than triple regional trade and
1313 encouraging a dramatic rise in cross-border investment; economists
1414 largely agree that NAFTA has enhanced prosperity in all three
1515 countries, as regional trade increased sharply over the first two
1616 decades, from roughly $290 billion in 1993 to more than $1.1
1717 trillion in 2016; as many as 14 million U.S. jobs rely on this
1818 trade; and
1919 WHEREAS, The economic effects of NAFTA on Texas are
2020 particularly profound, due to its proximity to Mexico, which is the
2121 state's top export market; in 2015, exports from Texas to Mexico
2222 totaled $92.5 billion, and as of 2014, 382,000 Texas jobs depended
2323 on cross-border trade; moreover, the availability of lower-priced
2424 goods from Mexico has had a favorable influence on the state's cost
2525 of living; and
2626 WHEREAS, The Texas economy would be negatively impacted
2727 should the United States withdraw from NAFTA; it is vital that Texas
2828 protect its economic interests; now, therefore, be it
2929 RESOLVED, That the 85th Legislature of the State of Texas
3030 hereby request the lieutenant governor and the speaker of the House
3131 of Representatives to create a joint interim committee to study the
3232 impact on Texas of any proposed modifications to NAFTA being
3333 considered; and, be it further
3434 RESOLVED, That the committee's proceedings and operations be
3535 governed by such general rules and policies for joint interim
3636 committees as the 85th Legislature may adopt.