S.J.R. No. 75
proposing a constitutional amendment creating the Texas water fund
to assist in financing water projects in this state.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Article III, Texas Constitution, is amended by
adding Section 49-d-16 to read as follows:
Sec. 49-d-16. (a) The Texas water fund is created as a
special fund in the state treasury outside the general revenue
fund. The fund is administered by the Texas Water Development Board
or by that board's successor in function as provided by general law.
The legislature may appropriate money for the purpose of depositing
the money to the fund to be available for transfer as provided by
Subsection (b) of this section.
(b) The administrator of the Texas water fund may use the
fund only to transfer money to other funds or accounts administered
by the Texas Water Development Board or that board's successor in
function. The administrator may restore to the fund money
transferred from the fund and deposited to the credit of another
fund or account. Legislative appropriation is not required for the
administrator to transfer money from or restore money to the fund,
including the transfer of money from the fund to or the restoration
of the money from:
(1) the Water Assistance Fund No. 480;
(2) the New Water Supply for Texas Fund;
(3) the Rural Water Assistance Fund No. 301; or
(4) the Statewide Water Public Awareness Account.
(c) The Texas water fund consists of:
(1) money transferred or deposited to the credit of
the fund by general law, including money appropriated by the
legislature directly to the fund and money from any source
transferred or deposited to the credit of the fund authorized by
general law;
(2) any other revenue that the legislature by statute
dedicates for deposit to the credit of the fund;
(3) investment earnings and interest earned on amounts
credited to the fund;
(4) money from gifts, grants, or donations to the
fund; and
(5) money returned from any authorized transfer.
(d) The legislature by general law shall provide for the
manner in which money from the Texas water fund may be used, subject
to the limitations provided by this section.
(e) Of the amount of money initially appropriated to the
Texas water fund, the administrator of the fund shall allocate not
less than 25 percent to be used only for transfer to the New Water
Supply for Texas Fund.
(f) The expenses of managing the investments of the Texas
water fund shall be paid from that fund.
(g) For purposes of Section 22, Article VIII, of this
constitution:
(1) money in the Texas water fund is dedicated by this
constitution; and
(2) an appropriation of state tax revenues for the
purpose of depositing money to the credit of the Texas water fund is
treated as if it were an appropriation of revenues dedicated by this
constitution.
(h) Any unexpended and unobligated balance remaining in the
Texas water fund at the end of a state fiscal biennium is
appropriated to the administrator of that fund for the following
state fiscal biennium for the purposes authorized by this section.
SECTION 2. This proposed constitutional amendment shall be
submitted to the voters at an election to be held November 7, 2023.
The ballot shall be printed to permit voting for or against the
proposition: "The constitutional amendment creating the Texas
water fund to assist in financing water projects in this state."
______________________________ ______________________________
President of the Senate Speaker of the House
I hereby certify that S.J.R. No. 75 passed the Senate on
April 3, 2023, by the following vote: Yeas 31, Nays 0;
May 22, 2023, Senate refused to concur in House amendments and
requested appointment of Conference Committee; May 23, 2023, House
granted request of the Senate; May 28, 2023, Senate adopted
Conference Committee Report by the following vote: Yeas 31,
Nays 0.
______________________________
Secretary of the Senate
I hereby certify that S.J.R. No. 75 passed the House, with
amendments, on May 16, 2023, by the following vote: Yeas 135,
Nays 4, one present not voting; May 23, 2023, House granted request
of the Senate for appointment of Conference Committee;
May 28, 2023, House adopted Conference Committee Report by the
following vote: Yeas 142, Nays 0, one present not voting.
______________________________
Chief Clerk of the House
Received:
______________________________
Date
______________________________
Secretary of State