Texas House Bill HB1800

Texas 2019 - 86th Regular

Caption

Relating to the Texas resilience infrastructure fund; authorizing the issuance of revenue bonds; making an appropriation.

Impact

The implementation of HB 1800 is expected to significantly influence state law by creating a dedicated fund for resilience projects, thereby enhancing the state's capacity to respond to flooding. The legislation allows for a collective state response by authorizing local governments and other project sponsors to apply for financial support, facilitating improved collaboration and resource allocation in disaster management. The framework also establishes eligibility criteria and prioritization systems for the projects, which helps streamline the funding process.

Summary

House Bill 1800 establishes the Texas Resilience Infrastructure Fund aimed at financing projects that prevent flooding and mitigate flood damage across Texas. The bill introduces a framework for the issuance of revenue bonds to support resilience projects, appropriating an initial $1.5 billion from the economic stabilization fund to kickstart this initiative. The fund is intended to cover various projects that enhance public safety and welfare, protecting public infrastructure as well as private properties from adverse weather events such as hurricanes and storms.

Contention

Notable points of contention surrounding the bill pertain to the governance of the infrastructure fund and the balance of responsibilities between state and local authorities. Critics express concerns regarding potential bureaucratic challenges in accessing funds and the adequacy of local involvement in the decision-making process for resilience projects. Furthermore, there is debate over ensuring that the fund's operations are transparent and that funds are utilized effectively to meet both short-term recovery and long-term resilience goals.