The bill proposes to redesignate the "State Water Implementation Fund for Texas Advisory Committee" as the "Texas Water Fund Advisory Committee" and abolishes the Texas Infrastructure Resiliency Fund Advisory Committee. It amends the Water Code to reflect these changes, including the composition of the advisory committee, which will now consist of eight members instead of seven. New members include the chairs of the relevant Senate and House committees overseeing water resources, while the previous structure that included specific appointments related to finance and appropriations has been modified. Additionally, the bill introduces a nonvoting member from the Texas Division of Emergency Management.

The advisory committee will be responsible for providing comments and recommendations regarding various water funds, including the state water implementation fund, the Texas water fund, and the flood infrastructure fund. It will also evaluate the feasibility of state ownership and operation of water supply projects and will be subject to the Texas Sunset Act, with a provision for its continuation until September 1, 2035. The bill repeals several sections of the Water Code that are no longer necessary due to these changes. The act is set to take effect on September 1, 2025.

Statutes affected:
Introduced: Water Code 15.431 (Water Code 15)