- Do a feasibility study on the possibility of a permanent mineral trust fund. The fund could be revenue-neutral where funds are returned to taxpayers similar to Alaska.
- Reform the state rainy day fund
- Use a state Public Bank to manage public funds and buffer taxpayers from the volatility of hydrocarbons
Code – Tax Code
Chapter – 201 Gas Production Tax
Chapter – 202 Oil Production Tax
Chapter – 204 Tax Credit for New Oil Discoveries