ODESSA, Texas (KOSA) - Representative Brooks Landgraf has proposed creating a Texas Severance Tax Revenue and Oil and Natural Gas (STRONG) Defense Fund. The state’s “rainy day fund” is ...
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Texas lawmakers will return to Austin this ... the money that would otherwise flow into the fund from severance taxes will remain in general revenue, giving lawmakers an additional $3 billion ...
He said those bills are Midland Rep. Tom Craddick’s House Bill 265 GROW Texas Fund that would utilize severance tax revenues from the Economic Stabilization Fund or Rainy Day Fund to construct ...
One oil and gas related bill First Alert 7 is keeping an eye on is the Texas Strong Defense Fund which would reorganize severance tax revenues to be given to critical infrastructure in energy ...