AUSTIN — Texas lawmakers reached a deal Friday to increase funding for roads and bridges — if voters approve a constitutional amendment in November 2014.
Republican Sen. Robert Nichols, the author of the measure, said negotiators from the House and Senate agreed to divert revenue from the Rainy Day Fund and only needed to fix a few details about how to maintain a minimum balance in it. Ultimately, the Legislative Budget Board would determine what that balance should be and have authority to cut off funding for transportation if more money is needed for the fund.
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