Texas 2019 - 86th Regular

Texas House Bill HJR13

Caption

Proposing a constitutional amendment authorizing the legislature to allocate a portion of oil and gas production tax revenue to the counties from which the oil and gas originated.

Impact

If passed, this amendment would enable counties to receive funding that is directly correlated to the oil and gas resources extracted within their borders. This could lead to significant improvements in local infrastructure, facilitating better connectivity and safety on roads that are heavily used by oil and gas operations. Moreover, this funding could be crucial for counties that might struggle to manage the costs associated with increased traffic and wear on public infrastructure resulting from oil and gas activities.

Summary

HJR13 proposes a constitutional amendment that would allow the Texas Legislature to allocate a portion of oil and gas production tax revenue to the counties from which the oil and gas originated. This measure is designed to address the impact of oil and gas exploration and production on local infrastructure, particularly county roads and bridges. By providing financial resources directly related to the extraction activities taking place within a county, the bill aims to enhance the maintenance and construction of critical infrastructure that supports both the local economy and safe transportation.

Contention

Despite its potential benefits, the bill may face opposition from those who are concerned about the over-dependence of county funding on fluctuating oil and gas revenues. Critics argue that relying on such revenue can create budgetary instability in the long run, potentially compromising essential services in times of economic downturn. Additionally, there are questions regarding how the allocation will be administered and whether all counties will have equal access to these resources, considering some areas may be more affected by oil and gas activities than others.

Companion Bills

TX HB42

Enabled by Relating to allocating a portion of oil and gas production tax revenue to the counties from which the oil and gas originated and to the use of that revenue.

Previously Filed As

TX HJR111

Proposing a constitutional amendment providing for the creation of the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund, dedicating the money in that fund to benefit areas of the state significantly affected by oil and gas production, and providing for the transfer of certain general revenues to that fund, the economic stabilization fund, the state highway fund, the oil and gas regulation and cleanup account, the Texas emissions reduction plan fund, and the property tax relief 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 HB2207

Relating to the allocation of certain constitutional transfers of money to the economic stabilization fund, the state highway fund, the oil and gas regulation and cleanup account, the Texas emissions reduction plan fund, the property tax relief fund, and the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund and to the permissible uses of money deposited to the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund.

TX SJR46

Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation a person's inventory.

TX SJR69

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.

TX HJR136

Proposing a constitutional amendment to authorize the legislature to exempt from ad valorem taxation a portion of the market value of tangible personal property a person owns that is held or used for the production of income.

TX SJR2

Proposing a constitutional amendment to authorize the legislature to exempt from ad valorem taxation a portion of the market value of tangible personal property a person owns that is held or used for the production of income.

TX HJR102

Proposing a constitutional amendment authorizing the legislature to legalize wagering in this state on certain sporting events and requiring the legislature to dedicate to property tax relief at least 98 percent of the net state tax revenue generated from the wagering on sporting events.

TX HJR158

Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation income-producing tangible personal property having a value of less than a certain amount.

TX HJR101

Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation income-producing tangible personal property having a value of less than a certain amount.

Similar Bills

No similar bills found.