H.R. 10434 is a bipartisan federal bill introduced September 16, 2026, by Texas Representatives Vicente Gonzalez (D-TX-34) and Dan Crenshaw (R-TX-02). It would create an Oil & Gas Community Trust Fund to direct existing oil and gas company revenue — without new taxes — into roads, bridges, clean drinking water, and public education in communities near major energy export ports, including South Texas hubs like Corpus Christi and Brownsville.
If passed, this bill could direct existing federal oil and gas revenue to roads, bridges, water, and schools in communities near Texas energy export ports like Corpus Christi and Brownsville.
