DALLAS — Texas voters would be asked to approve the use of $6 billion from the state rainy day fund for water and road projects under a measure under consideration in the state Senate.

Senate Joint Resolution 1 — sponsored by Senate Finance Committee Chairman Sen. Tommy Williams, R-The Woodlands — would amend the state constitution with voter approval to create the State Water Implementation Fund and the State Infrastructure Fund.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.