Proposing a constitutional amendment providing for the creation of the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund, dedicating the money in that fund to benefit areas of the state significantly affected by oil and gas production, and providing for the transfer of certain general revenues to that fund, the economic stabilization fund, and certain other funds and accounts.

SJR 48 proposes a constitutional amendment to create the Texas STRONG defense fund, funded by a 10% annual transfer from the general revenue fund (capped at $500 million per year). The fund must be used exclusively to benefit communities significantly impacted by oil and gas production, supporting public health/safety programs, workforce development, and educational opportunities. Unspent funds must be returned to the general revenue fund at the end of each biennium. This amendment would redirect existing state revenues to address economic and environmental impacts in affected regions, without altering current severance tax structures.