Production of crude oil and natural gas has historically fluctuated based on many market-driven and geopolitical factors. Because the Texas Legislature collects severance taxes from this volatile production to primarily fund the state’s rainy day fund, the purpose for and use of the ESF must be worthy.
2023 Guide to Constitutional Amendments in Texas
This November, Texas voters will decide to ratify or reject 14 separate constitutional amendments dealing with taxation, infrastructure, public employee retirement, and more. This guide examines each proposed amendment and offers insight and analysis. Key points – On November 7, 2023, Texans will vote on 14 constitutional amendments covering a wide array of issues. –...