Texas 2025 - 89th Regular

Texas House Bill HB422 Latest Draft

Bill / Engrossed Version Filed 04/09/2025

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                            89R998 JAM-F
 By: González of El Paso, Harris , Walle, H.B. No. 422
 Guillen, Lopez of Cameron, et al.




 A BILL TO BE ENTITLED
 AN ACT
 relating to limitations on the issuance of bonds by the Texas Water
 Development Board for the development of certain projects in
 economically distressed areas.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 17.0112(a), Water Code, is amended to
 read as follows:
 (a)  The board may issue not more than $100 [$25] million in
 bonds [dedicated under Section 17.0111 of this code and may issue
 not more than $50 million in bonds] authorized under Article III,
 Texas Constitution, during a fiscal year to provide financial
 assistance for water supply and sewer services as provided under
 Subchapter K of this chapter.
 SECTION 2.  This Act takes effect September 1, 2025.