During the 88th Legislative Session, Governor Abbott approved $200 million to be used to improve port infrastructure, making it safer and more efficient for Texas trading. The Texas Transportation Commission has now approved the historic funding for Texas ports. The funding comes from a bill passed in this year's 88th Legislative Session and signed by Governor Abbott. The $200 million is the first funding of its kind in Texas and will be used for port development and infrastructure projects through the Maritime Infrastructure Program. In addition, the Commission has also approved $40 million for state highway and other public transportation roadway projects through the Seaport Connectivity Program.
The Texas Department of Transportation (TxDOT) is responsible for implementing these improvements. TxDOT's mission is to increase efficiency and safety in all modes of transportation throughout Texas. They prioritize connecting the people of Texas, reducing traffic congestion, improving public transportation, and organizing freight and international trade. TxDOT also ensures the preservation of natural resources.
Governor Abbott's approval of the $200 million funding for Texas ports and highways is just one of many new laws and funding allotments approved during the 88th Legislative Session. The total funding of $240 million will be divided, with $200 million allocated for port improvement and $40 million for state highways and public transportation.
TxDOT announcement
| https://www.txdot.gov/about/newsroom/statewide/historic-funding-approved-for-texas-seaports0.html
The importance of ports to Texas' economy and international trading cannot be overstated. Texas ports have generated and supported approximately $450 billion in the state and $1 trillion in the nation. They provide direct employment to over 128,000 individuals and contribute $8.7 billion to workers' income. Additionally, the port industry supports another 1.7 million jobs indirectly and generates about $7.8 billion annually in state and local tax revenues. Texas ports handle more cargo than any other state, moving millions of shipping containers and serving as a hub for cruise passengers on a daily basis.
The $200 million funding is greatly needed to improve the safety, efficiency, and capabilities of Texas ports. The funds will be distributed to 31 projects that have been approved by the Port Advisory Committee. Each project was carefully considered for its potential benefit to the state and nation. This investment will not only enhance the infrastructure of Texas ports but also contribute to the growth and success of the state's economy.
