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.
SB 1001 redirects Texas oil and gas severance tax revenue allocations and establishes a STRONG defense fund with modified eligibility criteria for fund usage.