You do realize if Prop 1 passes, then half of the Rainy Day fund’s revenue gets diverted away?
That will be much less saving.
Yep.
http://ballotpedia.org/Texas_Transportation_Funding_Amendment,_Proposition_1_(2014)
But if it passes, we will build infrastructure on money we have, not more debt.
I’m not in favor of it, but it is certainly better than the Federal handling and spending of money.