Bill Text: TX HCR103 | 2017-2018 | 85th Legislature | Comm Sub
Bill Title: Requesting the lieutenant governor and speaker to create a joint interim committee to study the impact of any proposals by the federal government to alter or abrogate NAFTA.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2017-05-04 - Committee report sent to Calendars [HCR103 Detail]
Download: Texas-2017-HCR103-Comm_Sub.html
| 85R27009 RMA-D | |||
| By: Anchia | H.C.R. No. 103 | ||
| Substitute the following for H.C.R. No. 103: | |||
| By: Anchia | C.S.H.C.R. No. 103 | ||
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| WHEREAS, Since 1994, the North American Free Trade Agreement | ||
| has transformed economic relations among the United States, Mexico, | ||
| and Canada; and | ||
| WHEREAS, The accord has driven unprecedented integration | ||
| among the economies, helping to more than triple regional trade and | ||
| encouraging a dramatic rise in cross-border investment; economists | ||
| largely agree that NAFTA has enhanced prosperity in all three | ||
| countries, as regional trade increased sharply over the first two | ||
| decades, from roughly $290 billion in 1993 to more than $1.1 | ||
| trillion in 2016; as many as 14 million U.S. jobs rely on this | ||
| trade; and | ||
| WHEREAS, The economic effects of NAFTA on Texas are | ||
| particularly profound, due to its proximity to Mexico, which is the | ||
| state's top export market; in 2015, exports from Texas to Mexico | ||
| totaled $92.5 billion, and as of 2014, 382,000 Texas jobs depended | ||
| on cross-border trade; moreover, the availability of lower-priced | ||
| goods from Mexico has had a favorable influence on the state's cost | ||
| of living; and | ||
| WHEREAS, The Texas economy would be negatively impacted | ||
| should the United States withdraw from NAFTA; it is vital that Texas | ||
| protect its economic interests; now, therefore, be it | ||
| RESOLVED, That the 85th Legislature of the State of Texas | ||
| hereby request the lieutenant governor and the speaker of the House | ||
| of Representatives to create a joint interim committee to study the | ||
| impact on Texas of any proposed modifications to NAFTA being | ||
| considered; and, be it further | ||
| RESOLVED, That the committee's proceedings and operations be | ||
| governed by such general rules and policies for joint interim | ||
| committees as the 85th Legislature may adopt. | ||
