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 updates to the committee's composition, 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 director of the Texas Division of Emergency Management will serve as a nonvoting member. The bill also outlines the advisory committee's responsibilities, including providing recommendations on the use of various water-related funds and evaluating the feasibility of state-owned water supply projects.

Additionally, the bill includes provisions for the advisory committee to review the operation and structure of the funds it oversees at least semiannually and allows it to adopt necessary rules and procedures. It repeals several sections of the Water Code that are no longer applicable due to these changes. The advisory committee will be subject to the Texas Sunset Act, with its existence set to expire on September 1, 2035, unless continued. The bill is set to take effect on September 1, 2025.

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