Straus Names Five to Rainy Day Fund Study Committee

Speaker Joe Straus named five representatives to a select committee set up to make recommendations on what constitutes a healthy balance in the state's Rainy Day Fund.

Joe Straus, R-San Antonio, speaks in the Capitol Rotunda on January 5, 2009 supported by state representatives wishing to elect a new Speaker of the House.
Joe Straus, R-San Antonio, speaks in the Capitol Rotunda on January 5, 2009 supported by state representatives wishing to elect a new Speaker of the House.  Bob Daemmrich

Speaker Joe Straus named five representatives to a select committee set up to make recommendations on what constitutes a healthy balance in the state's Rainy Day Fund.

Rep. Myra Crownover, R-Denton, will serve as co-chair. Straus also appointed Reps. Patricia Harless, R-Spring, Abel Herrero, D-Robstown, John Otto, R-Dayton, and Sylvester Turner, D-Houston. 

The joint legislative study committee would recommend a figure by Dec. 1. The recommendation will appear before both the House and the Senate as a concurrent resolution, which can be adopted or amended.

The committee itself as well as any recommendation from the panel is contingent on passage of a constitutional amendment in November. That measure would boost the state's highway fund by redirecting to road projects a portion of the state's oil and gas production tax revenues that currently go to the Rainy Day Fund.

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Earlier this week Lt. Gov. David Dewhurst appointed five senators to the committee, including: Jane Nelson, R-Flower Mound, co-chair; Robert Nichols, R-Jacksonville; Brian Birdwell, R-Granbury; Kevin Eltife, R-Tyler; and John Whitmire, D-Houston.