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 allocates 10% of the transferred amount to the Texas STRONG Defense Fund, with a cap of $500 million per fiscal year to ensure fiscal responsibility.

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. The resolution also includes a temporary provision that outlines the effective date of the amendment and mandates that any unallocated funds at the end of each fiscal biennium be returned to the general revenue fund. The proposed amendment will be presented to voters in an election scheduled for November 4, 2025.