By: Zaffirini S.B. No. 1532
A BILL TO BE ENTITLED
AN ACT
relating to the information required to be posted by the Texas Water
Development Board on the board's Internet website regarding the use
of the state water implementation fund for Texas.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 15.440(b), Water Code, is amended to
read as follows:
(b) The board shall post the following information on the
board's Internet website regarding the use of the fund and
regularly update the information posted:
(1) the progress made in developing needed water
supply statewide and for the benefit of each regional water
planning area;
(2) for each regional water planning area, a
description of each project funded through bonds supported by a
bond enhancement agreement entered into under Section 15.435,
including:
(A) the expected date of completion of the
project;
(B) the current status of the project;
(C) the amount of bonds issued and the terms of
the bonds;
(D) a summary of the terms of the bond
enhancement agreement; and
(E) the status of repayment of any loan provided
in connection with the project, including an assessment of the risk
of default based on a standard risk rating system;
(3) a description of the investment portfolio of the
fund;
(4) the expenses incurred in investing money in the
fund;
(5) the rate of return on the investment of money in
the fund;
(6) a description of the point system for prioritizing
projects established by the board under Section 15.437(b) and the
number of points awarded by the board for each project;
(7) [any nonconfidential information submitted to the
board as part of an application for financial assistance under this
subchapter that is approved by the board;
[(8)] the administrative and operating expenses
incurred by the board in developing the state water plan and
providing financial assistance for projects included in the plan;
and
(8) [(9)] any other information required by board
rule.
SECTION 2. This Act takes effect September 1, 2025.