Texas lawmakers pass transportation funding bill
Amanda Bayhi | August 6, 2013
During the special session, lawmakers approved a constitutional amendment that would increase transportation spending by about $1.2 billion each year and provide the funds by diverting a portion of oil and gas revenues from the Rainy Day Fund to the Texas Department of Transportation (TxDOT) .
State lawmakers reached a deal last month that provides conditions for the measure, including a rule allowing the state’s Legislative Budget Board to determine what the Rainy Day Fund’s balance should be and cut off transportation funding if the Rainy Day Fund needs a boost. The deal also specified that the money would only be used to fund projects on non-toll roads and bridges.
Texas citizens will vote on the measure in November 2014.
MORE FROM News & Analysis
- 4 dead after semi hits stopped vehicles1013 Views
- Road worker killed while picking up construction cones757 Views
- Several deficiencies exposed in Skagit River Bridge collapse751 Views
- 3 tips for staying safe inside road construction work zones326 Views
- President Obama to urge for private investments292 Views