Tag Archives: Texas oil & gas severance tax

Texas Proposition 1 road funding ballot measure raises doubts, as oil production drops

The euphoria lawmakers felt last year after placing a Constitutional amendment on the ballot for Texas voters to decide if they wanted to raid half of the state’s oil and gas severance tax on new oil wells and divert those revenues to the State Highway Fund, without ending existing diversions of the gasoline tax…

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Texas House to end 80-yr raid of gas taxes

Stop using road money (paid for by motorists) for transit, rail, and bike paths that motorists don’t use. That goes for diverting both federal and state gas tax revenues. The Texas Mobility Fund is being used to build street cars, toll roads, and dredge our ports, when it should be used to fix our freeways and keep them toll-free. Adopting a transportation policy of ‘pay-as-you-go’ would be more fiscally responsible.

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