The bill, S.B. No. 1289, amends Section 15.502(b) of the Texas Water Code to expand the permissible uses of the Texas water fund. Specifically, it adds a new category for funding by inserting the flood infrastructure fund established under Subchapter I as a permissible recipient of transfers from the water fund. This addition allows for enhanced financial support for flood infrastructure projects, which is crucial for managing water resources and mitigating flood risks in Texas.
The bill maintains the existing provisions that allow the fund to transfer money to various other water-related funds, including the water assistance fund, new water supply fund, and state water implementation funds. The changes will take effect on September 1, 2025, providing a timeline for the implementation of these new funding capabilities.
Statutes affected: Introduced: Water Code 15.502 (Water Code 15)