Proposition 7 (“Prop 7″), a constitutional amendment drafted by legislators in the 84th legislative session and authorized by SJR 5, will appear on the November 2015 statewide ballot. The amendment would authorize a new, stable source of funding for transportation in Texas, dedicated to the construction and maintenance of roads. Upon passage, Prop 7 would dedicate a portion of the general sales and use tax and the motor vehicle sales tax to the general highway fund.
Move Texas Forward is expressing support for SB5 and SJR5 filed by State Senator Robert Nichols (R-Jacksonville). The proposal to constitutionally dedicate a portion of motor vehicle sales tax collections to road projects was announced in a joint press conference with Lt. Governor Dan Patrick earlier today.
A specially created Texas legislative panel on Thursday approved a mechanism that, this year at least, will fill about one-third of a highway funding shortfall with energy-production tax money that otherwise would have piled up in the state’s savings account.