AUSTIN (CBSDFW.COM/AP) –– Early voting is underway on whether to tap the state’s rainy day fund to create a $2 billion water infrastructure fund.
But while the constitutional amendment enjoys widespread support, there is vocal conservative opposition that could derail it in a low-turnout election.
Listed on the ballot as Proposition 6, the measure would allow the state to use the money to buy down the cost of bond financing for massive water development projects.
Gov. Rick Perry, House Speaker Joe Straus, and dozens of business and environmental groups support creating the State Water Infrastructure Fund.
Conservative activists Empower Texans and Longview Rep. David Simpson, a top tea party leader in the Legislature, is urging voters to oppose Proposition 6 because he believes the money will be used to distort the bond market.
(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
- Feds Not Dropping Fraud Case Against AG Paxton
- Shippy & Luds: In The 5 Hole: Week 1 Recap
- Cowboys Week 7 Injury Report: Injured Starters Nearing Return In Bye Week
- Final Preparations This Weekend For Early Voting In Texas
- Own A Piece Of Parkland This Weekend
- Sasquatch Genome Project Reveals Bigfoot Photos
- Tricks To Using The New iPhone Software
- Enter The ‘Show Your Spirit’ Sweepstakes
- Migrating Spiders Sailing Through North Texas Skies
- Texas Lt. Gov. Says Obama Should Be Impeached
- PHOTOS: Your Pet Pictures