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A JOINT RESOLUTION
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proposing a constitutional amendment establishing a transportation |
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infrastructure fund to assist counties in alleviating degradation |
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to highways caused by the exploration, development, or production |
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of oil or gas. |
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BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Article III, Texas Constitution, is amended by |
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adding Section 49-q to read as follows: |
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Sec. 49-q. (a) The transportation infrastructure fund is |
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established as a special fund in the state treasury. |
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(b) In each fiscal year, the comptroller of public accounts |
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shall transfer from the economic stabilization fund to the |
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transportation infrastructure fund three percent of the amount |
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transferred to the economic stabilization fund in that fiscal year |
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under Subsection (c) of Section 49-g of this article. |
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(c) Money in the transportation infrastructure fund may be |
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appropriated only for the purpose of assisting counties in this |
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state in the construction, reconstruction, or maintenance of |
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transportation infrastructure that is intended to alleviate |
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degradation to highways caused by the exploration, development, or |
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production of oil or gas. |
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SECTION 2. This proposed constitutional amendment shall be |
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submitted to the voters at an election to be held November 5, 2013. |
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The ballot shall be printed to permit voting for or against the |
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proposition: "The constitutional amendment establishing a |
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transportation infrastructure fund to assist counties in |
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alleviating degradation to highways caused by the exploration, |
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development, or production of oil or gas." |