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Tag: Rainy Day fund
Roadbuilding
Texas lawmakers pass transportation funding bill
The Texas Legislature ended its third special session Monday night when it passed a measure to fund state transportation projects, according to a report from CBS Dallas. 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 […]
August 6, 2013
Roadbuilding
Texas lawmakers agree to tap Rainy Day Fund for transportation
Texas’ House and Senate reached an agreement on Friday to increase road and bridge funding in the state, according to a report from The News & Observer and the Associated Press. Senator Robert Nichols (R-Texas) authored the measure that would divert an estimated $848 million in oil and gas taxes from the state’s Rainy Day […]
July 29, 2013
Roadbuilding
Perrymandering a Rainy Day Fund
Change the boundaries of an electoral district and you get the person you want heading into office. Ah, the power of Gerrymandering. Change the rules for cashing in a Rainy Day Fund and suddenly you have found money for favorite/pet/essential projects. It’s a maybe in Texas these days with even Governor Rick Perry backing off […]
April 15, 2013
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