Governor's Message to the 56th legislature. Page: 17 of 41
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in recommending retirement of the old State of Texas Bonds due to certain of our
school funds, in the sum of $4, 031, 229. 00. I also recommend for payment of medical
care, as authorized by the recently adopted Constitutional Amendment, $11, 000, 000
for the biennium; for the Driver Education program recommended by the Hale-Aikin
Committee, $4, 300, 000 for the biennium; and implementation of the Industrial and
Tourist Advertising and Development Program approved by Constitutional Amendment
at the rate of $100, 000 for each program per year, or a total of $400, 000 for the
biennium. . These sums for the biennium, when divided by 2 and added to my previous
recommendation, will require an annual total of approximately $72, 800, 000 in additional
This does not mean new taxes in such an amount, because in the attached
Exhibit 5, I have outlined a program which would raise $28, 740, 000 per year from
sources other than new or increased taxes, leaving the amount necessary to be raised
in new taxes as $44, 000, 000 per year. This, as you know, is a smaller sum than was
raised in each of several tax sessions from 1950 to 1955.
From Present Sources
The $28, 740, 000 which I recommend that we raise from sources other than new
or increased taxes includes the $15 million per year heretofore mentioned through a
change in the corporation franchise tax formula for interstate corporations;
$4, 340,000 per year from elimination of the present tax exemption on cigarettes and
beer sold on military reservations; $3, 600, 000 per year from increased tax collections
under present laws which the Comptroller estimates that he can collect with the additional
personnel recommended in the Executive budget; $3, 300, 000 per year from
fees and the elimination of refunds as recommended in the Executive Department study
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Price, Daniel. Governor's Message to the 56th legislature., book, January 21, 1959; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth5870/m1/17/: accessed May 27, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; .