Texas proposes a constitutional amendment to create the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund.
The bill proposes a constitutional amendment to create the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund. The fund will receive money from various sources, including transfers from the general revenue fund, appropriations by the legislature, and gifts or grants. The fund's money will benefit areas significantly affected by oil and gas production.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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