Rainy day fund
An unusual eighth month of the Texas Legislature is starting with weary lawmakers still searching for compromise on new transportation funding.
The Texas Legislature is expected to finally pass a proposed constitutional amendment to boost funding for roads and bridges.
The Texas Senate is scheduled to approve increased funding for roads and bridges — if they can reach a deal with the House.
The Texas Senate and House could wrap up the second special session by approving a proposed constitutional amendment increasing funding for road and bridge construction.
Texas Gov. Rick Perry has signed into law the creation of a state fund to finance new water projects he says will help spark $30 billion worth of infrastructure spending in the next 50 years.
The $2 billion for a new state water fund that Gov. Rick Perry prioritized this session has finally reached his desk for approval.
Gov. Rick Perry says he won’t sign a new state budget that does not include a tax cut. The governor has proposed a $1.6 billion tax cut after the Texas economy bounced back from recession.
Gov. Rick Perry is backing $1.6 billion in business tax cuts, even though he concedes it may mean tapping Texas’ once-untouchable cash reserves.
Gov. Rick Perry is ready to talk traffic after Senate Republicans unveiled a new $3.5 billion plan for crumbling and congested Texas highways.
Texas voters would be asked to authorize $6 billion from the state’s Rainy Day Fund to pay for water and road projects under a new Senate plan that stands out among the biggest proposed.
The Texas Legislature may not be spending quite like a drunken sailor, but lawmakers have certainly got the checkbook out as they work on the next state budget.
The Texas House is expected to begin debate on a $2 billion state water fund that will be used to build new projects across the state.