The final transportation bill will provide the Texas Department of Transportation with $1.2 billion per year in road funding from the Rainy Day Fund.
The speaker of the House and the lieutenant governor will appoint a ten-person committee each legislative session -- five members each of the House and Senate -- which will determine a sufficient balance in the Rainy Day Fund before money can be transferred into the State Highway Fund.
The Rainy Day Fund minimum will then have to be approved by the full House and Senate on a simple majority vote.
A transportation panel of seven state representatives heard from the head of the Texas Department of Transportation about the transportation bill that passed the Senate and how it will benefit the State Highway Fund beyond the next two years.
"If we don’t increase our resources now, our production in dollar terms will fall to levels not seen since the early 2000s," said TxDOT Executive Director Phil Wilson. "Meanwhile, more and more people move to Texas [and] congestion worsens."
After the last of his challengers dropped out Tuesday, San Antonio Republican Joe Straus was elected to a third term as speaker of the Texas House. That last challenger, Rep. David Simpson, R-Longview, never found enough support to threaten the incumbent. An earlier challenger, Rep.
When the 150 members of the Texas House of Representatives gavel into session Tuesday, Republican Speaker Joe Straus will be looking to keep his seat as the top man; to do so he only needs a simple majority: 76 votes.
However, he does have a challenger: Republican David Simpson from Longview. It is only Simpson's second term as a representative, but the former businessman was also mayor of the City of Avinger in 1993.