Texas 2025 - 89th Regular

Texas House Bill HB422 Compare Versions

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11 89R998 JAM-F
2- By: González of El Paso, Harris , Walle, H.B. No. 422
3- Guillen, Lopez of Cameron, et al.
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5-
2+ By: González of El Paso H.B. No. 422
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85 A BILL TO BE ENTITLED
96 AN ACT
107 relating to limitations on the issuance of bonds by the Texas Water
118 Development Board for the development of certain projects in
129 economically distressed areas.
1310 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1411 SECTION 1. Section 17.0112(a), Water Code, is amended to
1512 read as follows:
1613 (a) The board may issue not more than $100 [$25] million in
1714 bonds [dedicated under Section 17.0111 of this code and may issue
1815 not more than $50 million in bonds] authorized under Article III,
1916 Texas Constitution, during a fiscal year to provide financial
2017 assistance for water supply and sewer services as provided under
2118 Subchapter K of this chapter.
2219 SECTION 2. This Act takes effect September 1, 2025.