Texas House Bill HB4469

Texas 2009 - 81st Regular

Caption

Relating to administration of the storage acquisition fund by the Texas Water Development Board.

Impact

The enactment of HB4469 is expected to enhance the capabilities of the Texas Water Development Board in managing funds necessary for significant water projects. By allowing transfers from the Storage Acquisition Fund, the bill seeks to provide the board with more resources for financing projects critical to the state's water infrastructure. This could lead to improved water conservation efforts and better management of water resources, which is increasingly important in the context of Texas's growing population and varying water availability.

Summary

House Bill 4469 aims to amend the administration of the Storage Acquisition Fund managed by the Texas Water Development Board. The bill facilitates the funding process of the Storage Acquisition Fund through various means, including direct appropriations, interest earned, and transfers from the water assistance fund. Its purpose is to bolster water infrastructure development across the state, ensuring that the Water Development Board has increased financial flexibility to support state participation projects.

Contention

While the bill primarily aims to improve water management and infrastructure development, it may face scrutiny regarding budget allocations and oversight of the funds. Critics may raise concerns about the potential for mismanagement of the funds or lack of transparency in how the funds are used for participation projects. Additionally, there could be debates surrounding the prioritization of water projects within different regions of Texas as the bill is implemented.