Sen. Steve Ogden, R-Bryan, said last week he is considering introducing a constitutional amendment that would raise the gasoline tax to support highway revenue bonds approved by Texas voters in 2003.

The additional tax would be earmarked for debt service on Proposition 14 revenue bonds issued by the Texas Transportation Commission.

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.