Proposing a constitutional amendment to provide for foregoing the transfer of oil and gas production tax revenue to the economic stabilization fund if the ending fund balance for the preceding fiscal year is greater than $5 billion and for reducing the rates of oil and gas production taxes by amounts sufficient to equal the foregone transfer.

SJR 41 Proposing a constitutional amendment to provide for foregoing the transfer of oil and gas production tax revenue to the economic stabilization fund if the ending fund balance for the preceding fiscal year is greater than $5 billion and for reducing the rates of oil and gas production taxes by amounts sufficient to equal the foregone transfer

Texas 85th Legislature Regular Session

Bill Texts

Introduced 02/22/2017

Weigh In

Spread the Word!

Gettr Embed Code

Sponsors (1)

Sen. Kel Seliger


Primary Sponsor

Track This Bill

Get notified when this bill is updated

Subject(s)

Oil & Gas Resolutions Resolutions--constitutional Amendments State Finances State Finances--management & Control Taxation Taxation--energy Resources State Highway Fund Comptroller Of Public Accounts