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Texas - Legislators Look to Help Victims of Future Storms
Mon, 2019-01-21 07:51 — Kathy Gilbeaux
Hurricane Harvey was only the latest storm to flood many residents in the Memorial City area, and numerous other Houston-area neighborhoods, such as these homes near Interstate 10 East. ( Brett Coomer / Houston Chronicle ) Photo: Brett Coomer, Staff / Houston Chronicle
houstonchronicle.com - by Mike Morris - January 19, 2019
In Texas’ first legislative session post Hurricane Harvey, lawmakers have filed bills aimed at better alerting homeowners to their flood risk, lessening the damage of future storms and lowering disaster victims’ tax bills.
Whether these or similar proposals pass, a key question confronting lawmakers is whether to allocate cash for disaster recovery and prevention from Texas’ so-called rainy day fund, which is projected to reach $15 billion at the end of the coming biennium if not touched.
A routine Senate bill providing supplemental funding for the 2018-2019 biennium proposes to draw $1.2 billion from the Economic Stabilization Fund to cover various state agencies’ Harvey expenses. The bill also includes seven placeholder allocations to several agencies, with appropriations for Harvey costs to be filled in later.
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