Board Approves Resolution in Support of Proposition 7
On Nov. 3, Texas voters will have the opportunity to approve Proposition 7, a constitutional referendum that will provide a new, stable source of funding for transportation in Texas, dedicated to the construction and maintenance of roads.
Proposition 7 would direct a portion of general sales and motor vehicle sales tax to the State Highway Fund, providing a steady, consistent funding source for transportation projects across the state without raising taxes. According to the Texas Department of Transportation (TxDOT), Texas needs an additional $5 billion a year on top of the approximately $10 billion it currently receives to maintain current road conditions and accommodate future growth. Proposition 1 in 2014 provided $1.7 billion towards this amount. The Legislative Budget Board estimates that $2.5 billion would be allocated to the State Highway Fund each year in FY 2018 and 2019, and close to $3 billion each year starting in FY 2020, if Proposition 7 is approved by voters. Proposition 7 would not increase taxes.
The Partnership’s Transportation in Texas Toolkit includes several templates and sample content to help you and your company or organization support the Partnership’s grassroots effort to ensure passage of Proposition 7 on the November ballot.
All tool kit materials are available here.
BE IT RESOLVED THAT, the San Antonio Hispanic Chamber of Commerce hereby recommends to our Executive Board and Directors to pass and support a YES vote for Proposition 7 on the November 3, 2015 General Election Ballot.
WHEREAS, the San Antonio Hispanic Chamber of Commerce, the first Hispanic Chamber in the U.S., representing more than 1,250 businesses in the greater San Antonio area, fully supports Proposition 7 and encourages it’s respective constituencies to vote YES in November election.
WHEREAS, Proposition 7 will ensure long-term solutions for Texas’ transportation problems. The State Highway Fund hasn’t received enough financial support to keep up with the rapidly growing Texas economy. Proposition 7 would dedicate about $2.5 billion in already-collected tax revenue to our roads and infrastructure so that long-term transportation projects would have secure funding.
WHEREAS, Proposition 7 will get the $2.5 billion mostly from the state sales tax, with additional funding coming from the motor vehicle sales and rental tax. Proposition 7 will not raise taxes, but will only take from the already-existing revenue funds and these funds will not be allocated to toll-road projects.
WHEREAS, by setting aside this money, the State will be able to make better plans and timetables for future transportation projects, which will make them more efficient and less costly to taxpayers. Proposition 7 will ensure Texas gets better and safer roads for long-term and into the future.
WHEREAS, the San Antonio Hispanic Chamber will communicate this position to and take the following actions as the advocacy for this endeavor unfolds;
- Communicate this position to local/regional media outlets, Hispanic Chamber members, leaders in our community and feature on the Hispanic Chamber’s website www.sahcc.org.
- The Hispanic Chamber will act as an advocate for Proposition 7 in the business and at large communities.
- The Hispanic Chamber will collaborate with other organizations seeking to promote these advancements to provide adequate resources and education on said endeavor.
- The Hispanic Chamber will monitor the implementation of these funds and seek to make necessary policy recommendations to local/regional elected officials to strengthen this endeavor for our city.
THEREFORE BE IT RESOLVED, that through this endeavor, San Antonio will join the ranks of other national cities who currently count on adequate funding for roads and statewide infrastructure in their communities.
IN CONCLUSION, be it resolved and approved this the 30th day of September, 2015 in a vote of the San Antonio Hispanic Chamber’s Board of Directors.
Statutory Clause: The San Antonio Hispanic Chamber of Commerce recommends that minority, local, small and women-owned businesses are highly considered, when public and private contracts are set to bid for capital infrastructure and professional service improvements. San Antonio is a city that is more than 60% minority in population, with local ready, willing, and able taxpaying contractors that are very competitive and qualified. We recommend that the proposed project and its funding recommended in this resolution stay local, in order for awarded contracts to mirror the diversity of the San Antonio business community.
Chairman of the Board
Ramiro A. Cavazos
President & CEO