Thanks to its thriving job market, low tax rates and relatively inexpensive cost of living, Texas has been leading the nation in population growth since 2006. While this influx of new residents has been good news for many businesses in Texas, it has also put a great deal of stress on the state’s transportation infrastructure…. Read Full Article »
Tag: TxDOT
Oil and Gas Taxes to Provide $1.1 Billion in Highway Funding
Highways in Texas are slated to receive a much-needed boost in funding this year thanks to the state’s booming oil and natural gas industry. Under the terms of Proposition 1, a constitutional amendment which diverts a portion of oil and gas severance taxes to the TxDOT highway fund, Texas highways will receive $1.1 billion in… Read Full Article »
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