Texas 2019 - 86th Regular

Texas Senate Bill SJR53

Caption

Proposing a constitutional amendment establishing the state deferred maintenance fund to provide funding for deferred maintenance at state facilities and transferring economic stabilization fund money to that fund.

Impact

The implementation of SJR53 would create a dedicated funding source for addressing the maintenance of state facilities, thereby potentially improving their operational efficiency and safety. By transferring considerable funds from the economic stabilization fund, the measure aims to alleviate the backlog of maintenance projects that can accumulate due to insufficient funding practices in the state's budget. This long-term investment in state infrastructure aims to enhance the longevity and usability of state facilities, ultimately benefiting the public who rely on these spaces and services.

Summary

SJR53 is a proposed constitutional amendment aimed at establishing a state deferred maintenance fund. The bill mandates the transfer of $1.8 billion from the unobligated balance of the economic stabilization fund to this newly established fund. The deferred maintenance fund is designed specifically to provide financing for deferred maintenance at various state facilities. This amendment seeks to ensure that sufficient resources are allocated for maintenance needs that may have been previously neglected or underfunded.

Contention

While proponents of SJR53 argue that the fund will address critical maintenance needs and safeguard state assets, there may be points of contention among lawmakers regarding the initial transfer amount and the ongoing funding strategies for the deferred maintenance fund. Critics may raise concerns about the potential implications of diverting funds from the economic stabilization fund, which is typically reserved for emergencies or unexpected budget shortfalls. Additionally, there may be questions about the governance of the fund and the criteria for prioritizing maintenance projects, which could lead to debates over accountability and transparency in how resources are allocated.

Companion Bills

TX SB1661

Enabled by Relating to legislative oversight and funding of deferred maintenance projects.

Previously Filed As

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 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.

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 SJR56

Proposing a constitutional amendment to raise the maximum allowable amount of money in the economic stabilization fund.

TX HJR90

Proposing a constitutional amendment authorizing the issuance of general obligation bonds to provide funding for the construction, expansion, maintenance, and operation of state mental health facilities.

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 SJR92

Proposing a constitutional amendment providing for the creation of the Texas energy fund and the authorization of other funding mechanisms to support the construction, maintenance, and modernization of electric generating facilities.

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 SJR93

Proposing a constitutional amendment providing for the creation of the Texas energy fund to support the construction, maintenance, modernization, and operation of electric generating facilities.

TX HJR203

Proposing a constitutional amendment providing for the creation of the Texas legacy fund and the Texas legacy distribution fund, dedicating the Texas legacy distribution fund to certain state infrastructure projects or the reduction of certain long-term obligations, and providing for the transfer of certain general revenues to the economic stabilization fund, the Texas legacy fund, and the state highway fund.

Similar Bills

No similar bills found.