Texas 2025 89th Regular

Texas Senate Bill SR20 Introduced / Bill

Filed 01/29/2025

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                    2025S0028-1 01/14/25
 By: Birdwell S.R. No. 20




 SENATE RESOLUTION
 WHEREAS, The Senate of the State of Texas is pleased to
 recognize the Texas energy industry and to join its members and
 partners in celebrating Texas Energy Day at the Capitol on
 February 4, 2025; and
 WHEREAS, Texas leads the nation in oil and natural gas
 production, pipeline miles, and refining capacity, all of which
 have led to an unprecedented level of national energy security;
 the oil and natural gas industry plays a fundamental role in the
 state's robust economy and is responsible for directly and
 indirectly creating more than one million Texas jobs; and
 WHEREAS, Taxes and royalties from Texas oil and natural
 gas serve as primary funding for the Economic Stabilization Fund,
 the Permanent School Fund, the Permanent University Fund, and the
 State Highway Fund; last year, Texas school districts received
 nearly $3 billion in property taxes collected from industry
 holdings, and Texas counties received more than $1 billion in
 industry tax revenue; and
 WHEREAS, The oil and natural gas industry helps to power
 economic prosperity, fortifies the state's energy security, and
 makes possible the vast majority of products and materials
 citizens use every day; it is indeed fitting that the Texas
 energy industry and its partners be recognized for their
 contributions to the Lone Star State; now, therefore, be it
 RESOLVED, That the Senate of the State of Texas, 89th
 Legislature, hereby commend the members of the Texas energy
 industry and all who have contributed to the state's thriving oil
 and natural gas industry and extend to them best wishes for a
 rewarding Texas Energy Day at the Capitol; and, be it further
 RESOLVED, That a copy of this Resolution be prepared in
 honor of this special event.