H.B. No. 3316 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. The bill amends the Water Code to reflect these changes, including updating the definition of the advisory committee and altering its composition. The new committee will consist of eight members, including the comptroller, chairs of relevant Senate and House committees, and two members each from the Senate and House appointed by their respective leaders, along with a nonvoting member from the Texas Division of Emergency Management.

Additionally, the bill outlines the advisory committee's responsibilities, which include providing recommendations on the use of various water-related funds, reviewing the operation and structure of these funds, and making recommendations for improving participation by historically underutilized businesses in funded projects. The bill also repeals several sections of the Water Code and establishes that the advisory committee will be subject to the Texas Sunset Act, with a scheduled expiration date of September 1, 2035, unless continued. The act is set to take effect on September 1, 2025.

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