Texas 2017 85th Regular

Texas Senate Bill SCR38 Introduced / Bill

Filed 03/09/2017

                    85R9285 BPG-D
 By: Hinojosa, et al. S.C.R. No. 38


 CONCURRENT RESOLUTION
 WHEREAS, The economy of Texas depends on access to world
 markets, and the state has greatly benefited by the North American
 Free Trade Agreement; and
 WHEREAS, Negotiated by President George H. W. Bush and signed
 by President Bill Clinton in 1994, NAFTA created the world's
 largest free trade zone; it eliminated most tariffs between the
 United States, Mexico, and Canada and made it easier to do business
 across the continent; and
 WHEREAS, In 1991, the year before President Bush agreed to
 the terms of NAFTA, the Lone Star State exported $15.5 billion in
 goods to Mexico, according to the Texas Center's Institute for
 International Trade; that figure increased to almost $92.5 billion
 in 2015, and Mexico ranks as the state's top export market; and
 WHEREAS, NAFTA has also facilitated cross-border
 manufacturing operations and distribution centers that allow
 companies to price goods effectively for worldwide markets; supply
 chains that snake back and forth across international boundaries
 have become important components of corporate strategies, and by
 combining their comparative advantages, the United States and
 Mexico have developed an ultra-competitive regional system that
 improves North America's global trade standing; and
 WHEREAS, The Texas business community relies heavily on
 exports for its continued success; as of 2014, nearly 42,000
 companies exported from Texas locations, including 39,000 small-
 and medium-sized goods exporters; moreover, the Texas Railroad
 Commission predicts that Mexican demand for natural gas, the
 state's biggest export, will increase in the next few years, from
 2.1 billion cubic feet per day in 2015 to 3.4 billion in 2020; and
 WHEREAS, Today, trade with Mexico directly and indirectly
 generates over 382,000 jobs in Texas and almost 5 million across the
 United States, according to the Woodrow Wilson Center's Mexico
 Institute; although some border factory jobs disappeared
 immediately following the signing of NAFTA, border cities adapted
 to the change by enhancing their industry mixes, and investment by
 foreign companies created new jobs as well; hiring in other sectors
 has more than compensated for early job losses, both in numbers and
 in quality, and the unemployment rate has fallen in border cities as
 per capita income has risen; and
 WHEREAS, Consumers have also enjoyed lower prices thanks to
 NAFTA on a wide range of products, from automobiles to foods;
 notably, oil imports from Mexico are cheaper under NAFTA,
 decreasing our energy reliance on the Middle East; and
 WHEREAS, NAFTA has greatly enhanced our economic
 relationship with Mexico, contributing significantly to the
 prosperity of Texas while boosting U.S. employment, strengthening
 the competitiveness of American firms, and generating cost savings
 for American families; now, therefore, be it
 RESOLVED, That the 85th Legislature of the State of Texas
 hereby respectfully urge the United States Congress to continue to
 support the North American Free Trade Agreement; and, be it further
 RESOLVED, That the Texas secretary of state forward official
 copies of this resolution to the president of the United States, to
 the president of the Senate and the speaker of the House of
 Representatives of the United States Congress, and to all the
 members of the Texas delegation to Congress with the request that
 this resolution be entered in the Congressional Record as a
 memorial to the Congress of the United States of America.