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HJR 35

Proposing a constitutional amendment providing for the creation of and use of money in the Grow Texas fund and allocating certain general revenues to that fund, the economic stabilization fund, and the state highway fund.

89th Legislature (2025) Introduced by Tom Craddick and 1 co-sponsor

Texas constitutional amendment redirects state general revenues to economic development, rainy day reserve, and highway funds, requiring voter approval and permanent budget reallocation.

Received from the House
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Bill Summary · HJR 35

Legislative bill overview

HJR 35 proposes a constitutional amendment creating the "Grow Texas fund" and redirecting certain general revenues to three accounts: the new Grow Texas fund, the Economic Stabilization Fund (rainy day fund), and the State Highway Fund. The amendment would require voter approval and would permanently alter how Texas allocates a portion of its general revenue.

Why is this important

This amendment directly affects Texas's fiscal priorities and long-term budget structure. It locks revenue allocation into the state constitution, limiting legislative flexibility in future budget cycles and signaling a commitment to infrastructure, economic development, and fiscal reserves—but at the potential expense of other state programs.

Potential points of contention

  • Revenue allocation trade-offs: Dedicating revenues to these three funds may reduce discretionary spending available for education, healthcare, and social services, creating political tension over competing priorities
  • Constitutional inflexibility: Embedding revenue allocations in the constitution is difficult to modify and removes future legislatures' ability to respond to changing economic conditions or emergencies
  • Lack of fund specificity: The bill's vague language about "certain general revenues" and the Grow Texas fund's purpose and governance raises questions about accountability and actual economic impact

Compiled from official sources — confirm details with the bill’s official record.

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