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Posts Tagged ‘State Highway Fund’

House considers a bigger ask from the Rainy Day Fund

Needs must, as they say. The proposal from state Rep. John Zerwas, a Richmond Republican and the House’s chief budget writer, would withdraw about $2.4 billion from the Rainy Day Fund as part of a supplemental budget to pay bills coming due for programs like Medicaid, the federal-state insurance program for the poor and disabled, […]

Bill to restore some budget flexibility filed

Call it the Law of Unintended Consequences Act of 2017. The Texas House’s chief budget writer filed legislation Friday that would allow lawmakers to claw back billions of dollars that voters approved for state highways, freeing them up for other budget needs. Texans overwhelmingly voted in 2015 to boost funding for the state’s public roadways […]

Turns out a little budget flexibility is a good thing

Some lessons have to be learned the hard way. More than a year after Texas voters approved routing billions in state sales taxes to roads and bridges, some lawmakers are questioning whether the first payment of $5 billion should move forward as planned. Texans voted in 2015 to boost funding for state’s public roadways and […]