By Terri Hall
September 28, 2015
It’s been a long road to finding the funding necessary to shore-up the Texas State Highway Fund, but with passage of Proposition 7 on the ballot November 3, Texans will finally see a significant boost to the state’s road funding shortfall without raising taxes. Early voting begins October 19.
Prop 7 dedicates $2.5 billion of the general sales and use tax (above $28 billion) and thirty-five percent of the vehicle sales tax (above $5 billion) to the construction and maintenance of non-toll highways. The general sales tax takes effect in 2017, and the vehicle sales tax dedication starts in 2019.