Port Infrastructure Fund. Interim Recommendation. What you need to know.

The Select Committee on Ports Interim Report recommends a fund to fund port projects, the key points:

Why a fund?  Texas ports are “responsible for over 30% of the Texas gross domestic product and are integral to the Texas manufacturing and energy miracle that sustained the Texas economy.”

How would the fund work? Provide loans similar to the Texas Mobility Fund 

What’s the fund’s timeline? 2017 should set the parameters. 2019 sets the funding amounts.