Rainy day fund
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.
Lawmakers took the first step Thursday to setting up a $2 billion fund to finance water projects across the state. Members of the House Natural Resources Committee approved a plan that would take the money from the state’s Rainy Day Fund.