Prop 1: Important First Step For Transportation Funding
- Lawmakers Must Go Further to Craft Long-Term Funding Solutions for Transportation
- Release Date: October 16, 2014
The Texas Association of Manufacturers participated in a press conference in Austin today with Move Texas Forward and several business associations in support of Proposition 1. Prop 1 is a proposed constitutional amendment to authorize money from the State’s Rainy Day Fund to be directed to the State Highway Fund.
The following can be attributed to Tony Bennett, president of the Texas Association of Manufacturers.
“Transportation infrastructure is essential to Texas’ ongoing prosperity. Passing Proposition 1 in November is a critical first step to help Texas maintain its first place rank for job creation and our standing as the nation’s largest exporter.
Prop 1 doesn’t address all of our transportation needs in Texas. The Texas Legislature must go further to craft a long-term, sustainable funding solution to our highway infrastructure needs.
The cost of doing nothing is enormous.
Workers must be able to get to work and back home in a timely manner. Freight and raw materials need to flow efficiently within the State’s logistics network. As our transportation infrastructure continues to become bogged down, our entire economic engine is at risk.
Without adequate transportation infrastructure, our hard-earned reputation as a top competitor in the global economy will become a thing of the past.”