83R15543 SMH-D
By: Ritter, Larson, King of Parker, Pitts, H.B. No. 11
Creighton, et al.
Substitute the following for H.B. No. 11:
By: Pitts C.S.H.B. No. 11
A BILL TO BE ENTITLED
AN ACT
relating to the appropriation of money from the economic
stabilization fund to finance certain water-related projects.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. If the state water implementation fund for Texas
is created by legislation enacted by the 83rd Legislature, Regular
Session, 2013, the amount of $2 billion is appropriated from the
economic stabilization fund to the comptroller for the purpose of
depositing that amount to the credit of the state water
implementation fund for Texas as money held and invested by the
Texas Treasury Safekeeping Trust Company and available for use by
the Texas Water Development Board for the purposes of the state
water implementation fund for Texas.
SECTION 2. This Act takes effect September 1, 2013, but only
if it receives a vote of two-thirds of the members present in each
house of the legislature, as provided by Section 49-g(m), Article
III, Texas Constitution.