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Posts Tagged ‘SWIFT’

Will we spend on some flood mitigation projects?

Maybe. We’ll see. In the wake of Hurricane Harvey, Lt. Gov. Dan Patrick is calling for the construction of flood control infrastructure in the Houston area — things he said should have been built “decades and decades ago” — including a coastal barrier to protect the region from deadly storm surge. “We need more levees. […]

We need to take better care of our water

We lose way too much of it because our infrastructure is old and in need of replacement. At a time when the Lone Star State is facing a grave water shortage and its population is expected to double by 2060, billions of gallons are hemorrhaging from Texas’ leaky old pipes. The exact loss is unknown […]

Theories abound about why the Dome referendum failed

I have three things to say about this. University of Houston political scientist Brandon Rottinghaus said the outcome of both county bond propositions, as well as the Katy stadium, is indicative of resistance among conservative voters to big-ticket spending items they believe are not necessary, or, in the case of the Dome, that could be […]

Election results: Texas

Short and sweet: All nine constitutional amendments passed, all by substantial margins. Here’s The Observer on Prop 6. The Texas Water Development Board will now oversee a $2 billion water bank, seeded with capital from the Rainy Day Fund, to help pay for water supply projects and water conservation across the state. The large margin […]

There are no new ideas, but there are plenty of bad ideas

There’s so much wrong with what Greg Abbott wants for Texas that it’s hard to know where to begin. In his first major policy address as a gubernatorial candidate, Attorney General Greg Abbott proposed tighter constitutional limits on state spending and increased constraints on the multibillion-dollar Rainy Day Fund. Abbott laid out his “Working Texans” […]

Mostly looking good for Prop 6

A good poll result for the water infrastructure Constitutional amendment. Texans support $2 billion in water infrastructure financing by a better than 2-to-1 margin, but nearly a quarter haven’t decided how they will vote on the issue this November, according to a new University of Texas/Texas Tribune Poll. The respondents favored the measure, known as […]

Meet your Constitutional amendments

The Trib runs down the nine proposed constitutional amendments that will be on the ballot this November. First on the ballot will be HJR 62, by state Rep. Chris Turner, D-Grand Prairie, which would authorize the Legislature to provide a property tax exemption for the spouses of veterans. This amendment specifically authorizes a tax exemption for all or part of […]

Opposition gearing up for the water fund amendment

The legislation to create a state water infrastructure fund, and the joint resolution that authorized tapping the Rainy Day Fund for up to $2 billion to seed it, had a rocky road in the legislature and wasn’t completed until the last weekend of the regular session. Now the task is to pass the constitutional amendment […]

We appear to have a budget

Took them long enough. After days of jockeying and one-upsmanship, the Texas House and Senate each approved measures Wednesday evening critical to passing their next two-year budget. “The results of these two bills together is a good conservative budget, and it’s something we can all be proud of,” said Senate Finance Chairman Tommy Williams, R-The […]

Water, water, not so fast

So much for that. A major bill on the top of Gov. Rick Perry’s priority list that would authorize spending billions of dollars on state water projects faltered in the Texas House on Monday night after a contentious debate over where to pull the money from. “My understanding is it’s doorknob dead,” the bill’s sponsor, […]

Senate officially taps the Rainy Day Fund

Well done. Texas senators hammered out a sweeping deal to increase state funding for water and transportation projects and schools on Tuesday, tackling some of the thorniest issues of the legislative session all at once. The senators voted 31-0 for Senate Joint Resolution 1, which would ask Texas voters to approve taking $5.7 billion out […]

Senate to tap that Rainy Day Fund

It is just sitting there, not doing any good if it’s unused. Senate Finance Committee Chairman Tommy Williams, R-The Woodlands, laid out an ambitious plan to spend $6 billion from the state’s Rainy Day Fund on Thursday morning while also setting the stage for a serious debate in the remaining weeks of the session on […]

Water infrastructure bill passes

This is good. The Texas House on Wednesday voted overwhelmingly to create a revolving, low-interest loan program to help finance a new round of reservoirs, pipelines and other water-supply projects for the drought-stricken state. Lawmakers approved House Bill 4 on a 146-2 vote, but left the question of how much seed money to provide the […]

Meet SWIFT

SWIFT is the State Water Infrastructure Fund for Texas, which would be created by the big water bills of the session, HB4 and SB4. Basically, this is a plan to create a water infrastructure bank, to finance various water projects that the state needs at low interest, with some seed money from the Rainy Day […]