TX
Texas House Bill HJR126
Texas 2025 - 89th Regular
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Texas 2025 - 89th Regular

Texas House Bill HJR126

Voted on by House
 
Out of Senate Committee
 
Voted on by Senate
 
Sent toSOS
 
Proposed Const. Amend.
 

Caption

Proposing a constitutional amendment dedicating certain general revenue that would otherwise be transferred to the economic stabilization fund to the Texas water fund.

Impact

The proposed changes to the Texas Constitution will have a significant impact on state financial management practices. Should the amendment be approved, it would modify how revenues are allocated between funds, specifically favoring the Texas water fund. This means that a guaranteed level of funding, up to $1 billion annually (with adjustments for inflation), would be made available for essential water projects. The legislature would maintain the flexibility to allocate funds for various water needs, reflecting the importance of this resource in Texas.

Summary

HJR126 is a joint resolution proposing a constitutional amendment that seeks to dedicate certain general revenues to the Texas water fund rather than allowing these funds to be transferred to the economic stabilization fund. This amendment is intended to ensure the continuous support for the state's water infrastructure by allocating a part of the state's revenue directly to the water fund, which is crucial given Texas's ongoing challenges with water supply and management.

Contention

There may be points of contention surrounding HJR126, particularly regarding the prioritization of funding between the economic stabilization fund and the water fund. Critics may argue that dedicating funds specifically for water projects could limit the state’s flexibility to respond to economic downturns or emergencies where the economic stabilization fund would be necessary. The need for balancing immediate economic needs with long-term resource management could be a focal point of debate during discussions leading up to the proposed voter referendum on this amendment.

Companion Bills

No companion bills found.

Previously Filed As

TX HJR57

Proposing a constitutional amendment dedicating certain general revenue that would otherwise be transferred to the economic stabilization fund to reducing school district maintenance and operations ad valorem taxes.

TX HJR183

Proposing a constitutional amendment establishing the property tax reduction fund to reduce school district maintenance and operations ad valorem taxes and dedicating certain unencumbered general revenue and certain general revenue that would otherwise be transferred to the economic stabilization fund to that fund.

TX HJR35

Proposing a constitutional amendment providing for the creation of and use of money in the Grow Texas fund and allocating certain general revenues to that fund, the economic stabilization fund, and the state highway fund.

TX HJR47

Proposing a constitutional amendment providing for the creation of the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund, dedicating the money in that fund to benefit areas of the state significantly affected by oil and gas production, and providing for the transfer of certain general revenues to that fund, the economic stabilization fund, and certain other funds and accounts.

TX SJR48

Proposing a constitutional amendment providing for the creation of the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund, dedicating the money in that fund to benefit areas of the state significantly affected by oil and gas production, and providing for the transfer of certain general revenues to that fund, the economic stabilization fund, and certain other funds and accounts.

TX SJR66

Proposing a constitutional amendment dedicating a portion of the revenue derived from state sales and use taxes and insurance premium taxes to the Texas water fund.

TX HJR33

Proposing a constitutional amendment providing for the creation of the property tax reduction fund and dedicating certain surplus state revenue to the fund.

TX SJR4

Proposing a constitutional amendment providing for the maximum amount of money allowable in the economic stabilization fund.

TX HJR63

Proposing a constitutional amendment to permit additional uses of certain dedicated general revenue transferred each fiscal year to the state highway fund.

TX SJR33

Proposing a constitutional amendment to permit additional uses of certain dedicated general revenue transferred each fiscal year to the state highway fund.

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TX HJR35

Proposing a constitutional amendment providing for the creation of and use of money in the Grow Texas fund and allocating certain general revenues to that fund, the economic stabilization fund, and the state highway fund.

TX HJR183

Proposing a constitutional amendment establishing the property tax reduction fund to reduce school district maintenance and operations ad valorem taxes and dedicating certain unencumbered general revenue and certain general revenue that would otherwise be transferred to the economic stabilization fund to that fund.

TX HB265

Relating to the allocation of certain constitutional transfers of money to the economic stabilization fund, the state highway fund, and the Grow Texas fund and to the permissible uses of money deposited to the Grow Texas fund.

TX HB188

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.