Texas 2025 89th Regular

Texas Senate Bill SB1629 Introduced / Bill

Filed 02/25/2025

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                    89R9865 KRM-F
 By: Perry S.B. No. 1629




 A BILL TO BE ENTITLED
 AN ACT
 relating to the administration by the Texas Water Development Board
 of the Texas Water Bank and certain funds and accounts.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 15.153(b), Water Code, is amended to
 read as follows:
 (b)  The fund may be used to:
 (1)  provide financial assistance to political
 subdivisions to develop water supply projects that create new water
 sources for the state, including:
 (A)  desalination projects, including marine and
 brackish water desalination;
 (B)  produced water treatment projects, other
 than projects that are only for purposes of oil and gas exploration;
 (C)  aquifer storage and recovery projects; [and]
 (D)  reservoir projects for which:
 (i)  a permit for the discharge of dredged or
 fill material has been issued by the United States secretary of the
 army under Section 404, Federal Water Pollution Control Act (33
 U.S.C. Section 1344); and
 (ii)  a permit for the storage, taking, or
 diversion of state water has been issued by the commission under
 Section 11.121; and
 (E)  the development of infrastructure to
 transport or integrate into a water supply system water that is made
 available by a project described by this subdivision;
 (2)  make transfers from the fund:
 (A)  to the state water implementation fund for
 Texas established under Subchapter G or the Texas Water Development
 Fund II established under Subchapter L, Chapter 17; and
 (B)  for a purpose described by Subdivision (1);
 [and]
 (3)  make transfers from the fund to the water bank
 account established under Section 15.707; and
 (4)  make transfers from the fund:
 (A)  to the Texas Water Development Fund II state
 participation account established under Section 17.957; and
 (B)  for a purpose described by Subdivision (1).
 SECTION 2.  Section 15.703(a), Water Code, is amended to
 read as follows:
 (a)  The board may take all actions necessary to operate the
 water bank and to facilitate the transfer of water rights from the
 water bank for future beneficial use, including but not limited to:
 (1)  negotiating a sale price and terms acceptable to
 the depositor and purchaser;
 (2)  maintaining a registry of water bank deposits and
 those water users in need of additional supplies;
 (3)  informing water users in need of additional supply
 of water rights available in the bank;
 (4)  encouraging water right holders to implement water
 conservation practices and deposit the right to use the conserved
 water into the bank;
 (5)  establishing requirements for deposit of a water
 right into the water bank, including minimum terms for deposit;
 (6)  purchasing, holding, and transferring water or
 water rights in its own name, including purchasing, holding, and
 transferring water or water rights originating outside this state
 for the purpose of providing water for the use or benefit of this
 state;
 (7)  establishing regional water banks;
 (8)  acting as a clearinghouse for water marketing
 information including water availability, pricing of water
 transactions, environmental considerations, and potential buyers
 and sellers of water rights;
 (9)  preparing and publishing a manual on structuring
 water transactions;
 (10)  accepting and holding donations of water rights
 to meet instream, water quality, fish and wildlife habitat, or bay
 and estuary inflow needs;
 (11)  entering into contracts with persons to pay for
 feasibility studies or the preparation of plans and specifications
 relating to water conservation efforts or to estimate the amount of
 water that would be saved through conservation efforts; and
 (12)  other actions to facilitate water transactions.
 SECTION 3.  Section 16.131(a), Water Code, is amended to
 read as follows:
 (a)  The board may use the state participation account of the
 development fund to encourage optimum regional and interregional
 development of projects, including the design, acquisition, lease,
 construction, reconstruction, development, or enlargement in whole
 or part of:
 (1)  reservoirs and storm water retention basins for
 water supply, flood protection, and groundwater recharge;
 (2)  facilities for the transmission and treatment of
 water;
 (3)  treatment works as defined by Section 17.001;
 [and]
 (4)  interregional water supply projects selected
 under Section 16.145; and
 (5)  projects described by Section 15.153(b)(1).
 SECTION 4.  The following provisions of the Water Code are
 repealed:
 (1)  Section 16.131(c); and
 (2)  Section 16.146(h).
 SECTION 5.  This Act takes effect September 1, 2025.