Campaign TREND. Texas Talk. Dedicating Severance Tax to the Permian Basin. 4 Key Points to the plan.

State Representative Landgraf proposes a change to transportation funding to help rural west Texas that includes:

  • Let oil producing areas retain a small percentage of severance taxes
    • The Rainy Day Fund has $11 Billion balance
    • $7-$8 billion is the standard for emergencies
  • Dedicate the severance tax revenue “to the region where it’s generated”
  • The dedicated revenue would pay for: 
    • adequate infrastructure
    • first responders
  • “save lives and allow commerce to travel more freely”

 

Odessa American | Landgraf talks goals for legislative session