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TX HB188
Bill
Status
11/12/2024
Primary Sponsor
Brooks Landgraf
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AI Summary
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Creates the Texas Severance Tax Revenue and Oil and Natural Gas (Texas STRONG) Defense Fund to benefit areas significantly affected by oil and gas production, with money allocated from constitutional transfers of severance tax revenues
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Defines "qualifying county" as one where oil and gas production taxes collected over the preceding two fiscal years equal at least 0.5% of the statewide total for that period
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Authorizes fund appropriations to the Governor for grants, Texas Department of Transportation for road grants, trusteed programs for economic development, and Department of Public Safety for personnel and enforcement in qualifying counties
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Requires the Governor to establish a grant program providing financial assistance to nonprofits, public higher education institutions, school districts, municipal utility districts, and political subdivisions, with priority given to first responders, emergency care, health services, education, water infrastructure, and workforce needs
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Takes effect September 1, 2027, contingent on voter approval of a related constitutional amendment proposed by the 89th Legislature
Legislative Description
Relating to the allocation of certain constitutional transfers of money to certain funds and accounts, including the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund, and to the permissible uses of money deposited to the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund.
State Finances
Last Action
Placed on General State Calendar
5/15/2025