The proposed joint resolution seeks to amend the Texas Constitution to establish the Texas Severance Tax Revenue and Oil and Natural Gas (Texas STRONG) Defense Fund. This fund is intended to support areas of Texas that are significantly impacted by oil and gas production. The resolution outlines a mechanism for transferring a portion of general revenues to this fund, as well as to the economic stabilization fund and other designated accounts. Specifically, it mandates that 10% of the transferred amounts be allocated to the Texas STRONG Defense Fund, with a cap of $500 million per fiscal year to prevent excessive funding.

Additionally, the resolution stipulates that the funds from the Texas STRONG Defense Fund can only be appropriated for use in regions affected by oil and gas activities, focusing on public health, safety, workforce preparedness, and educational opportunities. Any unspent funds at the end of each fiscal biennium would revert to the general revenue fund. The amendment is set to be voted on by the public in an election scheduled for November 4, 2025, and if approved, would take effect on September 1, 2027.