AUSTIN (July 25, 2013)—Members of the Texas Senate and House could wrap up their second special session by approving a proposed constitutional amendment that would increase funding for road and bridge construction.
Lawmakers meet Thursday and may approve a conference committee reconciliation of separate transportation bills both chambers passed previously.
If passed, the proposal would go to voters in November in the form of a constitutional amendment calling for an increase in funding for roads and bridges of at least $800 million annually.
The House and Senate proposals differ on whether the extra money would come directly from the state's Rainy Day Fund, or from oil and natural gas taxes that would then draw from the Rainy Day Fund to make up the difference.
There is also disagreement on whether the fund should have a $6 billion floor, below which it would no longer provide transportation funding.