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Bill > HJR47
TX HJR47
TX HJR47Proposing 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.
summary
Introduced
11/12/2024
11/12/2024
In Committee
05/19/2025
05/19/2025
Crossed Over
05/12/2025
05/12/2025
Passed
Dead
06/02/2025
06/02/2025
Introduced Session
89th Legislature Regular Session
Bill Summary
A JOINT RESOLUTION 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.
AI Summary
This joint resolution proposes a constitutional amendment to create the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund, a new state fund designed to support areas significantly impacted by oil and gas production. The resolution modifies existing constitutional provisions to establish that 10% of certain general revenue transfers will go to this new fund, with a cap of $500 million per fiscal year. If the fund would exceed this limit, the excess will be transferred to the property tax relief fund. The Texas STRONG defense fund can receive money from various sources, including legislative appropriations, gifts, and investment earnings, and can only be used to fund grants addressing public health, safety, workforce preparedness, and educational opportunities in oil and gas-producing regions. The amendment includes a temporary provision specifying that these changes will take effect on September 1, 2027, and expire on September 1, 2028. The proposed amendment will be submitted to Texas voters in a November 4, 2025 election, with ballot language explaining the fund's purpose and potential uses.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to Finance (on 05/19/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HJR47 |
| BillText | https://capitol.texas.gov/tlodocs/89R/billtext/html/HJ00047E.htm |
| Analysis (House Committee Report) | https://capitol.texas.gov/tlodocs/89R/analysis/html/HJ00047H.htm |
| BillText | https://capitol.texas.gov/tlodocs/89R/billtext/html/HJ00047H.htm |
| Fiscal Note (Introduced) | https://capitol.texas.gov/tlodocs/89R/fiscalnotes/html/HJ00047I.htm |
| BillText | https://capitol.texas.gov/tlodocs/89R/billtext/html/HJ00047I.htm |
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