TX Legislature to Consider Earmarking Oil-Well Tax for Transport

Senate may vote during special session on transportation bill that the House approved in June

The Texas Legislature will get a third shot at passing a transportation bill this July during its  second special session.

Sen. Robert Nichols (R-Jacksonville) filed Senate Joint Resolution 1 that’s identical to the transportation measure that passed the house in June.

The bill proposes to take a portion of the so-called “severance tax” on every producing oil well in the state and earmark it for the state’s transportation fund rather than the Rainy Day Fund.

(more on the Texas transportation bill . . . )