Proposing a constitutional amendment to create the Grow Texas fund and allocate certain general revenues to it, the economic stabilization fund, and.
This bill proposes a constitutional amendment to establish the Grow Texas fund, which will receive money from various sources including transfers from the general revenue fund. The fund is intended to benefit areas of the state affected by oil and gas production. The comptroller will allocate certain general revenues to the Grow Texas fund, the economic stabilization fund, and the state highway fund. The bill also creates a commission to administer the fund and advises the legislature on its use. The proposed amendment will be submitted to voters in November 2025.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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