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TX SB1001
Bill
Status
1/29/2025
Primary Sponsor
Cesar Blanco
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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
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Allows fund appropriations to: the governor for grants to nonprofits, schools, and political subdivisions; TxDOT for county road grants; trusteed programs for economic development; and DPS for personnel and enforcement in qualifying counties
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Requires the governor to establish a grant program prioritizing first responders, emergency/trauma care, health and mental health services, education, and workforce preparedness in qualifying counties and counties with ports engaged in oil/gas activities
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Changes expiration date for certain constitutional allocation provisions from December 31, 2042 to December 31, 2036, and takes effect September 1, 2027 only if voters approve the related constitutional amendment
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
Referred to Finance
2/24/2025