Relating to the applicability of provisions concerning bond approval by the Texas Commission on Environmental Quality to certain water entities.
Impact
By modifying Sections 49.181 and 49.052 of the Water Code, the bill creates a clearer framework for bond issuance for districts that had been previously under stricter regulatory scrutiny. This change is anticipated to enhance the feasibility of public and private water projects in Texas, encouraging investments and improving infrastructural capabilities of water services. Additionally, it delineates the boundaries within which these changes apply, providing exemptions to particular districts, which may ultimately lead to a more efficient financing process for essential water infrastructure improvements.
Summary
House Bill 1901 aims to amend provisions concerning bond approvals by the Texas Commission on Environmental Quality for specific water entities. The bill outlines exceptions to the existing regulations, particularly in situations where certain districts issue bonds for projects that have already received commission approval. HB1901 intends to streamline the process for water districts seeking financing for projects by clarifying the rules regarding bond issuance and reducing the bureaucratic burden tailored for different types of water entities.
Contention
While HB1901 is supported as a means to facilitate bond issuance for vital projects, it also raises concerns about oversight and environmental protection. Opponents argue that easing these restrictions may lead to insufficient scrutiny of the projects' environmental impacts. The debate emphasizes the balance between promoting infrastructure development and ensuring adequate checks on environmental compliance, highlighting a tension between economic development and regulatory safeguards given the potential implications on water quality and management across the state.
Identical
Relating to the applicability of provisions concerning bond approval by the Texas Commission on Environmental Quality to certain water entities.
Relating to the regulation of certain aggregate production operations by the Texas Commission on Environmental Quality; authorizing an increase in the amount of a fee.