Relating to the allocation of certain constitutional transfers of money to certain funds and accounts, including the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund, and to the permissible uses of money deposited to the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund.
HB 188 establishes a dedicated Texas STRONG fund for oil and gas severance tax revenue, redirecting state tax proceeds to specific uses and limiting budget allocation flexibility.