Texas 2019 - 86th Regular

Texas House Bill HB3731

Caption

Relating to an appropriation of money to the General Land Office from the economic stabilization fund for certain disaster recovery and flood mitigation projects.

Impact

By appropriating such a significant amount of funding for disaster recovery, HB3731 emphasizes the state's commitment to infrastructure resilience and safety. The bill allows for a strategic allocation of resources that can significantly impact communities affected by past disasters, facilitating their recovery and reducing future risks. The allocation is also an acknowledgment of the ongoing need for effective flood management strategies, which are essential in light of increasing weather extremes linked to climate change.

Summary

House Bill 3731 is designed to allocate $2.5 billion from the economic stabilization fund to the General Land Office for disaster recovery and flood mitigation efforts. The bill aims to address the extensive damage caused by Hurricane Harvey, particularly focusing on rebuilding crucial infrastructure, repairing dams and reservoirs, and enhancing flood prevention measures within Texas. The funding is intended to support projects that will improve the state's resilience to future disasters and mitigate the impacts of flooding on communities across the state.

Contention

Although the bill demonstrates a proactive approach to disaster recovery, it may face scrutiny regarding the use of the economic stabilization fund. Concerns may arise around whether this appropriation detracts from other fiscal responsibilities or budgetary needs within the state. Additionally, discussions surrounding the criteria for selecting specific flood mitigation projects and the transparency of the allocation process could also emerge as points of contention among legislators and stakeholders. Advocates for comprehensive disaster preparedness may emphasize the importance of equitable resource distribution across affected regions.

Companion Bills

No companion bills found.

Previously Filed As

TX HB5227

Relating to the allocation of certain constitutional transfers of money to the economic stabilization fund, the Texas legacy fund, and the state highway fund and to the management and investment of the economic stabilization fund, the Texas legacy fund, and the Texas legacy distribution fund.

TX HJR27

Proposing a constitutional amendment providing for the creation of and use of money in the Grow Texas fund and allocating certain general revenues to that fund, the economic stabilization fund, and the state highway fund.

TX HJR1

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.

TX HB1392

Relating to the allocation of certain constitutional transfers of money to the economic stabilization fund, the state highway fund, and the Grow Texas fund and to the permissible uses of money deposited to the Grow Texas fund.

TX SB1232

Relating to the determination of the sufficient balance of the economic stabilization fund for the purpose of allocating general revenue to that fund and the state highway fund.

TX HB2230

Relating to the determination of the sufficient balance of the economic stabilization fund for the purpose of allocating general revenue to that fund and the state highway fund.

TX SB2503

Relating to the use of money in the Texas infrastructure resiliency fund to finance projects related to natural disaster relief.

TX SB2182

Relating to the provision of financial assistance from the flood infrastructure fund for certain projects.

TX SB225

Relating to the determination of the sufficient balance of the economic stabilization fund for the purpose of allocating certain constitutional transfers of money to that fund and the state highway fund.

TX SJR41

Proposing a constitutional amendment lowering the maximum allowable amount of money in the economic stabilization fund and dedicating certain general revenue to reducing school district maintenance and operations ad valorem taxes.

Similar Bills

No similar bills found.