Saturday, July 31, 2021
82 F
Fort Worth

Lawmakers look to finish road funding proposal

🕐 1 min read

AUSTIN, Texas (AP) — 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.

Lawmakers meet Thursday. They may approve a conference committee reconciliation of separate transportation bills both chambers passed previously.

The proposals would each put to voters on a November ballot a constitutional amendment increasing funding for roads and bridges by at least $800 million annually.

But they differ on whether the extra money would come directly from the state’s Rainy Day Fund, or from oil and natural gas taxes that would then draw from the Rainy Day Fund to make up the difference.

There is also disagreement on whether the fund should have a $6 billion floor, below which it would no longer provide transportation funding.

 

 

Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

Related Articles

Our Digital Sponsors

Latest Articles

Not ready to subscribe?

Try a few articles on us.

Enter your email address and we will give you access to three articles a month, to give us a try. You also get an opportunity to receive our newsletter with stories of the day.

Get our email updates

Stay up-to-date with the issues, companies and people that matter most to business in the Fort Worth.

  • Restaurants
  • Technology
  • and more!

FWBP Morning Brief

FWBP 5@5

Weekend Newsletter

  • Banking & Finance
  • Culture
  • Real Estate