Lawmakers expected to pass transportation measures
Rainy Day Fund would partially pay for road, bridge improvements
AUSTIN, Texas - The Texas Senate has passed one part of a legislative package to boost funding for roads and bridges.
The Senate voted Monday to approve a law that would give the Legislative Budget Board control of the money flowing into the Rainy Day Fund. House Bill 16 works with a proposed constitutional amendment to divert 50 percent of the money going into the Rainy Day Fund to spend on roads and bridges. The board would set a minimum balance for the fund.
If approved by voters in November 2014, the measures could add more than $848 million in transportation spending.
The Senate was one vote short of approving the constitutional amendment Monday afternoon.
In the House, supporters worked to rally two-thirds support to send the measure to voters.
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