By: Barry H.J.R. No. 188
A JOINT RESOLUTION
proposing a constitutional amendment creating the Local Government
Water Redevelopment 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-17 to read as follows:
Sec. 49-d-17. (a) The Local Government Water Redevelopment
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.
(b) The Water redevelopment 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) depository interest earned on amounts credited to
the fund; and
(4) money from gifts, grants, or donations to the
fund.
(c) The legislature by general law shall provide for the
manner in which money from the Local Government Water Redevelopment
Fund may be used, subject to the limitations provided by this
section.
(d) The expenses of managing the investments of the Water
redevelopment fund shall be paid from that fund.
(e) For purposes of Section 22, Article VIII, of this
constitution:
(1) money in the Water redevelopment 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 Water
redevelopment fund is treated as if it were an appropriation of
revenues dedicated by this constitution.
(f) Any unexpended and unobligated balance remaining in the
Water redevelopment 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, 2025.
The ballot shall be printed to permit voting for or against the
proposition: "The constitutional amendment creating the Local
Government Water Redevelopment Fund to assist in financing the
repair and redevelopment of water infrastructure projects in this
state."