S.B. No. 1532 amends Section 15.440(b) of the Water Code to enhance the transparency of the Texas Water Development Board's activities regarding the state water implementation fund. The bill mandates that the board regularly update its website with detailed information about the progress of water supply development, project descriptions for each regional water planning area, investment portfolio details, expenses, rate of return, and the prioritization point system for projects. Notably, the bill removes the requirement to post any nonconfidential information submitted as part of financial assistance applications, streamlining the information shared with the public.

Additionally, the bill introduces a new requirement for the board to provide any other information as mandated by board rule, ensuring that the board can adapt to future informational needs. This legislation aims to improve public access to critical information about water projects and funding, thereby promoting accountability and informed decision-making in water resource management. The act is set to take effect on September 1, 2025.

Statutes affected:
Introduced: Water Code 15.440 (Water Code 15)
Senate Committee Report: Water Code 15.440 (Water Code 15)