Texas 2021 87th Regular

Texas House Bill HB1905 Introduced / Bill

Filed 02/12/2021

                    87R6424 SLB-F
 By: Harris H.B. No. 1905


 A BILL TO BE ENTITLED
 AN ACT
 relating to relieving regional water planning groups of certain
 duties.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 15.435(g), Water Code, is amended to
 read as follows:
 (g)  The board may not direct the trust company to enter into
 a bond enhancement agreement with respect to bonds issued by the
 board the proceeds of which may be used to provide financial
 assistance to an applicant if at the time of the request the
 applicant has failed to[:
 [(1)]  provide information regarding a water
 conservation plan in accordance with Section 16.4021[; or
 [(2)  satisfactorily complete a request by the
 executive administrator or a regional water planning group for
 information relevant to the project for which the financial
 assistance is sought, including a water infrastructure financing
 survey under Section 16.053(q)].
 SECTION 2.  Section 15.437(d), Water Code, is amended to
 read as follows:
 (d)  In addition to the criteria provided by Subsection (c),
 the board must also consider at least the following criteria in
 prioritizing projects:
 (1)  the local contribution to be made to finance the
 project, including the up-front capital to be provided by the
 applicant;
 (2)  the financial capacity of the applicant to repay
 the financial assistance provided;
 (3)  the ability of the board and the applicant to
 timely leverage state financing with local and federal funding;
 (4)  whether there is an emergency need for the
 project, taking into consideration whether:
 (A)  the applicant is included at the time of the
 application on the list maintained by the commission of local
 public water systems that have a water supply that will last less
 than 180 days without additional rainfall; and
 (B)  federal funding for which the project is
 eligible has been used or sought;
 (5)  if the applicant is applying for financial
 assistance for the project under Subchapter Q, whether the
 applicant is ready to proceed with the project at the time of the
 application, including whether:
 (A)  all preliminary planning and design work
 associated with the project has been completed;
 (B)  the applicant has acquired the water rights
 associated with the project;
 (C)  the applicant has secured funding for the
 project from other sources; and
 (D)  the applicant is able to begin implementing
 or constructing the project; and
 (6)  the demonstrated or projected effect of the
 project on water conservation, including preventing the loss of
 water, taking into consideration, if applicable, whether the
 applicant has filed a water audit with the board under Section
 16.0121 that demonstrates that the applicant is accountable with
 regard to reducing water loss and increasing efficiency in the
 distribution of water[; and
 [(7)  the priority given the project by the applicable
 regional water planning group under Section 15.436].
 SECTION 3.  Section 15.438(g), Water Code, is amended to
 read as follows:
 (g)  The advisory committee shall submit comments and
 recommendations to the board regarding the use of money in the fund
 for use by the board in adopting rules under Section 15.439 and in
 adopting policies and procedures under Section 15.441.  The
 submission must include:
 (1)  comments and recommendations on rulemaking
 related to the prioritization of projects in regional water plans
 and the state water plan in accordance with Section [Sections
 15.436 and] 15.437;
 (2)  comments and recommendations on rulemaking
 related to establishing standards for determining whether projects
 meet the criteria provided by Section 15.434(b);
 (3)  an evaluation of the available programs for
 providing financing for projects included in the state water plan
 and guidelines for implementing those programs, including
 guidelines for providing financing for projects included in the
 state water plan that are authorized under Subchapter Q or R of this
 chapter, Subchapter E or F, Chapter 16, or Subchapter J, Chapter 17;
 (4)  an evaluation of the lending practices of the
 board and guidelines for lending standards;
 (5)  an evaluation of the use of funds by the board to
 provide support for financial assistance for water projects,
 including support for the purposes described by Section 15.435(c);
 (6)  an evaluation of whether premium financing
 programs should be established within the funds described by
 Section 15.435 to serve the purposes of this subchapter, especially
 in connection with projects described by Section 15.434(b);
 (7)  an evaluation of methods for encouraging
 participation in the procurement process by companies domiciled in
 this state or that employ a significant number of residents of this
 state; and
 (8)  an evaluation of the overall operation, function,
 and structure of the fund.
 SECTION 4.  Section 15.439(a), Water Code, is amended to
 read as follows:
 (a)  The board shall adopt rules providing for the use of
 money in the fund that are consistent with this subchapter,
 including rules:
 (1)  establishing standards for determining whether
 projects meet the criteria provided by Section 15.434(b); and
 (2)  specifying the manner for prioritizing projects
 for purposes of Section [Sections 15.436 and] 15.437.
 SECTION 5.  Section 15.912(b), Water Code, is amended to
 read as follows:
 (b)  The board may not accept an application for a loan or
 grant of financial assistance from the fund for a project
 recommended through the state and regional water planning processes
 under Sections 16.051 and 16.053 if the applicant has failed to
 satisfactorily complete a request by the executive administrator or
 a regional planning group for information relevant to the project[,
 including a water infrastructure financing survey under Section
 16.053(q)].
 SECTION 6.  Section 15.975(d), Water Code, is amended to
 read as follows:
 (d)  The board may not approve an application if the
 applicant has failed to satisfactorily complete a request by the
 executive administrator or a regional planning group for
 information relevant to the project[, including a water
 infrastructure financing survey under Section 16.053(q)].
 SECTION 7.  Section 16.131(b), Water Code, is amended to
 read as follows:
 (b)  The board may not use the state participation account of
 the development fund to finance a project recommended through the
 state and regional water planning processes under Sections 16.051
 and 16.053 if the applicant has failed to satisfactorily complete a
 request by the executive administrator or a regional planning group
 for information relevant to the project[, including a water
 infrastructure financing survey under Section 16.053(q)].
 SECTION 8.  Sections 15.436 and 16.053(q), Water Code, are
 repealed.
 SECTION 9.  This Act takes effect September 1, 2021.