Texas 2017 - 85th Regular

Texas Senate Bill SB866

Voted on by Senate
 
Out of House Committee
 
Voted on by House
 
Governor Action
 
Bill Becomes Law
 

Caption

Relating to the use of money in the state water pollution control revolving fund.

Impact

The proposed changes will have significant implications on state laws governing water quality management. By restructuring the operational framework of the water pollution control revolving fund, the bill seeks to ensure that financial support for pollution control projects is effectively administered. The expectations are that by narrowing the scope of fund usage, projects that contribute to nonpoint source pollution control and aquatic habitat management will receive much-needed financial backing, leading to improved environmental outcomes across Texas.

Summary

SB866 proposes amendments to the use of the state water pollution control revolving fund. The revised legislation aims to clarify the roles of financial assistance for eligible projects under the Federal Water Pollution Control Act. The bill specifies that the revolving fund is to be utilized exclusively for providing loans, refinancing debts of political subdivisions, and securing guaranteed loans to improve access to market credits for water pollution mitigation and enhancement projects. This legislative effort highlights the state's commitment to combatting water pollution while adhering to federal standards.

Contention

While the bill has garnered support from environmental advocates who see it as a means to enhance funding for water quality projects, there may be opposing views centered around concerns of overly restrictive financial controls that could limit the versatility of fund allocation. Critics may argue that rigid parameters on the use of the revolving fund could impede local governments' ability to respond flexibly to unique environmental challenges they face. Thus, the discussions surrounding SB866 bring to light the balance between strict regulatory compliance and local empowerment in managing water quality initiatives.

Companion Bills

TX HB1863

Identical Relating to the use of money in the state water pollution control revolving fund.

TX HB2943

Relating to the use of money in the state water pollution control revolving fund.

Previously Filed As

TX HB3582

Relating to the composition and use of money in the flood infrastructure fund.

TX SB1627

Relating to the composition and use of money in the flood infrastructure fund.

TX HB973

Relating to the creation and uses of the critical infrastructure resiliency fund and the eligibility of certain water-related projects for state financial assistance.

TX HB4418

Relating to the creation of a revolving loan program to fund the purchase by historically underutilized businesses of certain bonds required for public work contracts.

TX SB949

Relating to the creation of a revolving loan program to fund the purchase by historically underutilized businesses of certain bonds required for public work contracts.

TX SB28

Relating to financial assistance provided and programs administered by the Texas Water Development Board.

TX HB3355

Relating to exemption from taxation of facilities, devices, or methods used to control pollution.

TX SB2503

Relating to the use of money in the Texas infrastructure resiliency fund to finance projects related to natural disaster relief.

TX HB4370

Relating to the abolishment of the State Energy Conservation Office and the transfer of its functions to the comptroller.

TX HB10

Relating to financial assistance provided and programs administered by the Texas Water Development Board.

Similar Bills

No similar bills found.