With more than 6000 bills filed during the 85th Legislative Session, it was, to say the least, busy. According to the Texas Legislative Reference Library, a total of 6,631 bills were introduced during the session. Of that total, over 1,200 bills were passed and sent to Governor Abbott. The Governor signed, let bill become law without signature, or vetoed legislation that was passed during the regular session. However, when it came down to bills that directly affected our oil and gas industry, the outcome was positive with no loss of tax incentives or other harmful constraints.
With more than 6000 bills filed during the 85th Legislative Session, it was, to say the least, busy. According to the Texas Legislative Reference Library, a total of 6,631 bills were introduced during the session. Of that total, over 1,200 bills were passed and sent to Governor Abbott. The Governor signed, let bill become law without signature, or vetoed legislation that was passed during the regular session. However, when it came down to bills that directly affected our oil and gas industry, the outcome was positive with no loss of tax incentives or other harmful constraints.
Opponents of the energy industry are trying to prevent access for export of our mineral resources. With the abundance of natural gas in Texas, the growth in manufacturing that relies on our natural gas is underway. However, there continue to be barriers getting these products to market.
Houston Independent School District (HISD) is now considered a property-wealthy school district, which means the ISD has a choice: it can annually pay the state some of its tax revenue, which is how other wealthy ISDs comply with state law – or it can have properties permanently taken away and annexed to another school district.
Learn more about the process of fracking, or hydraulic fracturing with these informational graphics.
The Texas Railroad Commission, with its work rooted in science-base regulations and safety, plays a critical role in ensuring the oil and natural gas industry continues to thrive in Texas. A healthy oil and natural gas industry provides jobs for Texans, protects the environment and bolsters our nation’s energy security.
AUSTIN – The Texas House of Representatives passed a resolution today urging the federal government to work with Texas in unraveling the overreaching regulations that have been implemented over the past eight years, which were largely aimed at negatively impacting the oil and gas industry.